A Requirements 1. Prepare a production cost report for the Mixing Department for March using the FIFO method. The Mixing Department beginning work in process of 500 units is 20% complete as to both direct materials and conversion costs. Round equivalent unit of production costs to four decimal places. Round all other costs to the nearest whole dollar. Journalize all transactions affecting the company's mixing process during March. Assume labor costs are accrued and not yet paid. Print Done A More Info - X On March 1, the Mixing Department had 500 rolls of paper in process. During March, the Mixing Department completed the mixing process for those 500 rolls and also started and completed the mixing process for an additional 4.100 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. Print Done i Data Table Direct Direct Materials Beginning inventory, Mar. 1 $ 420 Costs added during March 5,220 5,640 Total costs Manufacturing Overhead Allocated 170 3,050 Labor $ 375 3,690 $ 4,065 $ Total Costs 965 11,960 12,925 3,220 Print Done Production Cost Report - Mixing Department Month Ended March 31 Equivalent Units Physical Direct Conversion Units Materials Costs UNITS Units to account for: III III III III IN Beginning work-in-process Completed and transferred out Ending work-in-process Started and completed Started in production 1 | 1 / JCD INN | 1 / Transferred to Cooking C LLLL IIIIIIII D II 11 I III Total units accounted for