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Colorway manufactures crayons in a three-step process mixing, molding, and packaging (Click the icon to view the additional information) At March 31, before reconding
Colorway manufactures crayons in a three-step process mixing, molding, and packaging (Click the icon to view the additional information) At March 31, before reconding the transfer of costs from the Moxing Department to the Molding Department the Colorway general ledger included the following account (Click the icon to view the account) Read the rements Requirement 1. Prepare a production cost report for the Mixing Department for March. Round equivalent unit of production costs to four decimal places. Round all other costs to the nearest whole dollar. (Complete all input fields Enter "" for any zero balances. Round cost per unit amounts to four decimal places. Abbreviations used EUP-equivalent units of production; WIP = work-in-process) UNITS Colorway Production Cost Report-Mixing Department Month Ended March 31 Equivalent Units Physical Units Direct Conversion Costs Units to account for Beginning work-in-proces Started in production 1,000 3,400 4,400 Total units to account for Units accounted for Beginning work-in-process 1,000 600 Requirements 1. Prepare a production cost report for the Mixing Department for March Round equivalent unit of production costs to four decimal places Round all other costs to the nearest whole dolar 2. Joumaze a transactions affecting the Mixing Department during March including the entries that have already been posted. Assume labor costs am accrued and not yet paid Print Done X
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