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 Report for the Mixing Department. He is concerned that the Mixing Department may not be operating efficiently, and asks for your help. Question Content Area Cost of Production Jonathan has noticed that his production manager has omitted some of the data on the Cost of Production. Determine the missing information. If there is no amount or an amount is zero, enter "0". Round your per-unit computations to the nearest cent, if required. Grainy Goodness Company Cost of Production Report-Mixing Department For the Month Ended March 31 Unit Information Units charged to production:Number of Units Inventory in process, March 1 2,000 Received from materials storeroom 38,000 Total units accounted for by the Mixing Department 40,000 Units to be assigned costs: Equivalent Units Whole Units Direct Materials Conversion Inventory in process, March 1 (35% completed) 2,000 fill in the blank 4a9fcdfa5f97fd9_1 0 fill in the blank 4a9fcdfa5f97fd9_2 1,300 Started and completed in March 35,000 35,000 35,000 Transferred to Baking Department in March 37,000 fill in the blank 4a9fcdfa5f97fd9_3 0 fill in the blank 4a9fcdfa5f97fd9_4 0 Inventory in process, March 31 (90% completed) 3,000 fill in the blank 4a9fcdfa5f97fd9_5 3,000 fill in the blank 4a9fcdfa5f97fd9_6 2,400 Total units to be assigned costs 40,000 fill in the blank 4a9fcdfa5f97fd9_7 38,000 fill in the blank 4a9fcdfa5f97fd9_8 38,700 Cost Information Cost per equivalent unit: Direct Materials Conversion Total costs for March in Mixing Department $40,660 $37,050 Total equivalent units fill in the blank 4a9fcdfa5f97fd9_9 38,000 fill in the blank 4a9fcdfa5f97fd9_10 38,700 Cost per equivalent unit $fill in the blank 4a9fcdfa5f97fd9_11 1.07 $fill in the blank 4a9fcdfa5f97fd9_12 0.95 Costs assigned to production: Direct Materials Conversion Total Inventory in process, March 1 $2,200 $525 $2,725 Costs incurred in March 77,710 Total costs accounted for by the Mixing Department $80,435 Cost allocated to completed and partially completed units: Inventory in process, March 1-balance $2,725 To complete inventory in process, March 1 fill in the blank 4a9fcdfa5f97fd9_13 0 1,235 1,235 Cost of completed March 1 work in process $3,960 Started and completed in March 37,450 33,250 70,700 Transferred to Baking Department in March $fill in the blank 4a9fcdfa5f97fd9_14 74,660 Inventory in process, March 31 3,210 2,565 fill in the blank 4a9fcdfa5f97fd9_15 5,490 Total costs assigned by the Mixing Department $fill in the blank 4a9fcdfa5f97fd9_16 80,150 Feedback Area Feedback Review the format and the steps to complete the Cost of Production Report. Question Content Area February 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. Round your per-unit computations to the nearest cent, if required. Cost Analysis for February - Mixing Department Amount Equivalent Units Cost per Unit Direct Materials in inventory in process, March 1 $fill in the blank 2b4a68f18fde01d_1 2,725 fill in the blank 2b4a68f18fde01d_2 0 $fill in the blank 2b4a68f18fde01d_3 0 Conversion costs in inventory in process, March 1 fill in the blank 2b4a68f18fde01d_4 fill in the blank 2b4a68f18fde01d_5 fill in the blank 2b4a68f18fde01d_6 Total cost per unit $fill in the blank 2b4a68f18fde01d_7 Feedback Area Feedback Look for the dollar amount and number of equivalent units on the Cost of Production Report that pertain to the inventory in process on March 1. Dont forget that direct materials are added at the beginning of the process and so have all been added to inventory in process on March 1. The conversion costs are only partially complete. Question Content Area March Cost Analysis Determine the cost per unit of direct materials and for conversion for the month of March using the completed data on the Cost of Production. Round your per-unit computations to the nearest cent, if required. Cost Analysis for March- Mixing Department Amount Equivalent Units Cost per Unit Costs for March: Direct Materials $fill in the blank 503b73ff503202a_1 fill in the blank 503b73ff503202a_2 $fill in the blank 503b73ff503202a_3 Costs for March: Conversion fill in the blank 503b73ff503202a_4 fill in the blank 503b73ff503202a_5 fill in the blank 503b73ff503202a_6 Total cost per unit $fill in the blank 503b73ff503202a_7 Feedback Area Feedback Look for the dollar amount and number of equivalent units on the Cost of Production Report that pertain to the costs and units added in March. Dont forget that direct materials are added at the beginning of the process. The conversion costs are added evenly through the month. Question Content Area Mixing Dept. Evaluation After reviewing your work on the February Cost Analysis and March Cost Analysis, assist Jonathan Groat in evaluating the Mixing Departments performance by answering the following questions: In March, was the Mixing Departments total cost per unit higher or lower than in February? Higher For which component was the cost per unit for March higher than in February? Conversion costs What is most probably your recommendation to Jonathan Groat given your computations?