Cost of Production For the Month Ended March 31 Equivalent Units UNITS Whole Units Direct Materials Conversion Units charged to production: Inventory in process, March 1 Received from materials storeroom Total units accounted for by the Mixing Department 2,000 38,000 40,000 Units to be assigned costs: Inventory in process, March 1 (40% completed) Started and completed in March Transferred to Baking Department in March Inventory in process, March 31 (80% completed) Total units to be assigned costs 2,000 35,000 37,000 3,000 40,000 35,000 35,000 Grainy Goodness Company Grainy Goodness Company manufactures granola cereal by a series of three processes, beginning materials such as oats, sweeteners, and nuts being introduced in the Mixing Department From the Mixing Department, the materials pass through the Baking and Packaging departments, emerging as boxed granola cereal ready for shipment to retail outlets. Direct materials are added at the beginning of each process, and conversion costs are incurred evenly throughout production in each department During March, the President and sole stockholder, Jonathan Groat, reviewed the Cost of Production Raport for the Mixing Department. He is concemed that the Maxing Department may not be operating efficiently, and asks for your help. Required: 1. Jonathan has noticed that his production manager has omited some of the data on the Cost of Production panel. Determine the missing information. If there is no amount or an amount is zero, enter "o". 2. On the February Cost Analysis panel, determine the cost per unit of direct materials and for conversion for the month of February using the completed data on the Cost of Production panel." 3. On the March Cost Analysis panet delermine the cost per unit of direct materials and for conversion for the month of March using the completed data on the Cost of Production panel. Afer reviewing your work on the February Cost Analysis and March Cost Analysis panels, asoist Department's performance by answering the questions on the Mixing Dept. Evaluation pane 5. On March 31, using the data provided on the panels, jounalize the entry to move the appropviate amount of cost from the Mixing Departmentt Jonathan Groat in evalating the Mixing the Baking Department. Refer to the Chart of Accounts for exact wording of account Mles Round your per-unit computations to the nearest cent, it required bruary Cost Analysis Determine the cost per unit of direct materials and for conversion for the month of February using the completed data on the Cost of Production panel. Round your per- e nearest cent, if required Cost Analysis for February-Mixing Department Amount Equivalent Units Cost per Unit Direct Materials in inventory in process, March 1 Conversion costs in inventory in process, March 1 Total cost per unit 3. Determine the cost per unit of direct materials and for conversion for the month of March using the compieted data on the Cost of Production panel Round your per-unit com the nearest cent, if required. Cost Analysis for March- Mixing Department Amount Equivalent Units Cost par Unit Costs for March: Direct Materials Costs for March: Conversion Total cost per unit 1, using the data provided on the panels, journalize the entry to move the appropriate amount 5. On March of Accounts for exact wording of account tities. of cost from the Mixing Departrment to the Baking Department. Reler to the Chart PAGE 15 OURNAL ACCOUNTING EQUATION DATE POST. REF DEIT CREDIT ASSETS LIABILUTIES EQUITY