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1. Prepare a production cost report for the Mixing Department for March. The company uses the weighted-average method. 2. Journalize all transactions affecting the company's
1. Prepare a production cost report for the Mixing Department for March. The company uses the weighted-average method. 2. Journalize all transactions affecting the company's mixing process during March. Assume labor costs are accrued and not yet paid. On March 1, the Mixing Department had 350 rolls of paper in process. During March, the Mixing Department completed the mixing process for those 350 rolls and also started and completed the mixing process for an additional 3,650 rolls of paper. The department started but did not finish the mixing process for an additional 500 rolls, which were 20% complete with respect to both direct materials and conversion work at the end of March. Direct materials and conversion costs are incurred evenly throughout the mixing process. Johnson Paper Co. produces the paper used by wallpaper The Mixing Department compiled the following data manufacturers. Johnson's four-stage process includes for March: mixing, cooking, rolling, and cutting. (Click the icon to view the data.) (Click the icon to view additional information.)
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