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Cost of Production and Journal Entries Ughthouse Paper Company manufactures newsprint, The product is manufactured in two departments, Papermaking and Converting. Pulp is first placed

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Cost of Production and Journal Entries Ughthouse 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 March: a1. Prepare the March joumal entry for the Papermaking Department for the materials charged to production, If an amouns box does not require an entry, ieave is blank. rcheav, work a1. Romember there are three diffenent typet of inventory, materais, work in process, and finshed goods: a2. Prepare the March journat entry for the Papermaking Department for the conversion costs charged to production. If an amaunt box dees not require an entry, leave it blanki a2. Prepare the March journal entry for the Papermaking Department for the conversion costs charged to production. If an amount box does not require an entry, leave it blank. Fetshack Conormy wors 32. What types of costs are included in conversion costs? By adding these comersion costs ase the units complote and ready for iransfar? a3. Prepare the March journal entry for the Papermaking Department for the completed production transferred to the Converting Department. If required, round your interim calculations to two decimal places and your final answer to the nearest dollar. If an amountibox does not require an entry, leave it biank. roneck by won a3. Remember that each depariment has a work in process account. Ace these units 100% complete and ready to be sold or are they sull in process? b. Determine the Work in Process-Papermaking Department March 31 balance. If required, round your interim calculations to two decimal places and your final answer to the nearest dollar

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