Cost of Production and Journal Entries bighthouse Paper Company manufactures newsprint. The product is manufactured in two denartments, Papermaking and Comverien. Pupp ia first placed into a vessel at the beginning of papermaking production. The follawing ifforrisation concerns prodoction in the Papermaking Department for Marcht tiark a2. Prepere the Marth joumal entry foe the Papermaking Degartment for the converson costs charged to production. If an ansount box does not requar an entry, leave it Whark. a1. Prepare the March joumal entry for the Papermaling Depertment for the completed production traniserred to the Converting Departmient. If required, round your interim calculatiens to two decimal places and vour final answer to the nearest dollar. If an amouht bos, does nat require an entry iesve it blank. b. Wetermine the Work in Process-papemal ing Depertinent March it balance. If required, round your interim calculations to twe deciatal places and vour final answer to the nearest dollar