Franklin Paper Company manufactures newsprint. The product is manufactured in two departments, Papermaking and Converting. Pulp is first placed into a vessel at the beginning of papermaking production. The following information concerns production in the Papermaking Department for January.

a. Prepare the following January journal entries for the Papermaking Department:1. The materials charged to production.2. The conversion costs charged to production.3. The completed production transferred to the Converting Department.b. Determine the Work in Process-Papermaking Department January 31 balance.

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ACCOUNT Work in Process-Papermaking Department ACCOUNT NO. Balance Debit Item Credit Debit Credit Date Bal., 6,500 units, 35% completed 29,250 427,050 534,650 Jan. Direct materials, 102,000 units 31 Direct labor 397,800 107,600 81,049 Factory overhead 615,699 Goods transferred, 101,400 units 31 Bal., 7,100 units, 80% completed 31