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 efciently, and asks for your help. 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 persunit computations to the nearest cent, if required. Grainy Goodness Company Cost of Production ReportaMixing Department For the Month Ended March 31 Unit Information Units charged to production: Inventory in process, March 1 2,000 Received from materials storeroom 38,000 Total units accounted for by the Mixing Department 40300 Units to be assigned costs: Equivalent Units Whole Direct I\\ Units to be assigned costs: Equivalent Units Whole Direct Units Materials Conversion Inventory In process, March 1 (35% completed) 2,000 :l Started and completed in March 35,000 35,000 Transferred to Baking Department in March 37,000 Inventory In process, March 31 (80% completed) 3,000 Total units to be assigned costs 40,000 Cost Information Cost per equivalent unit: Direct Materials Conversion Total costs for March in Mixing Department $40,660 $36,765 Total equivalent units Cost per equwalent unit Costs assigned to production: Direct Materials Conversion Total Inventory in process, March 1 $2,200 $525 $2,?25 Costs incurred in March 77.425 1-...: u-.- ___-,._._.i I-.. n... .L- m..:_- n-___._.__. man 1 an Direct Materials Conversion Total Inventory in process, March 1 $2,200 $525 $2,725 Costs incurred in March 77,425 Total costs accounted for by the Mixing Department $80,150 Cost allocated to completed and partially completed units: Inventory in process, March 1-balance $2,725 To complete inventory in process, March 1 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 $ 74,660 Inventory in process, March 31 3,210 2,280 5,490 Total costs assigned by the Mixing Department $ 80,150 Feedback Check My Work Review the format and the steps to complete the Cost of Production Report. 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 Check My Work 2 more Check My Work uses remaining.February Cost Analysis Determine the cost per unit of direct materia's 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 m \\f 9' $- " E 1:] Total cost per unit E Conversion costs in inventory in process, March 1 Feedback 'Check MyWoI'k 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. Don't 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. March Cost Analysis Determine the cost per unit of direct materia's 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 2 more Check My Work uses remalning 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 3,000 X 2,000 X Costs for March: Conversion Total cost per unit Feedback Check My Work 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. Don't forget that direct materials are added at the beginning of the process. The conversion costs are added evenly through the month. Mixing Dept. Evaluation After reviewing your work on the February Cost Analysis and March Cost Analysis, assist Jonathan Groat in evaluating the Mixing Department's performance by answering the following questions: In March, was the Mixing Department's total cost per unit higher or lower than in February? Higher Check My Work 2 more Check My Work uses remaining.Journal On March 31, using the data provided on the Cost of Production, journalize the entry to move the appropriate amount of cost from the Mixing Department to the Baking Department. If an amount box does not require an entry, leave it blank. Mar. 31 Work in Process-Baking Work in Process-Mixing Feedback Check My Work Review the Cost of Production Report you prepared to determine the amount of cost that was transferred from the Mixing Department to the Baking Department in March. Feedback Check My Work Partially correct Check My Work 2 more Check My Work uses remaining