Grainy Goodness Company Grainy Goodness Company manufactures granola cereal by a series of the processes, beginning materials such as oats, we ardhut being introduced in the Menget. From the in Department, the materials pass through the Baking and packaging departments, emerging as boxed groceres ready for it to real suces Direct materials we de st the beginning of an process, and conversion costs are incurred evenly throughout production in each department During March, the President and sole stockholder, Jonathan Great reviewed the cost of production aport for the Ming Department. He concerned that the Ming Department may not be efficiently 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 there is no amous artistas Round your per-unit computations to the nearest cant, if required Grainy Goodness Company Cost of Production Report-Mixing Department For the Month Ended March 31 Unit Information Units charged to production: Inventory in process, March 1 Received from materials storeroom Total units accounted for by the Mixing Department Units to be assigned costs: 2,000 38,000 40,000 Whole Units Equivalent Units Direct Materials Conversion 0 1.200 35,000 35,000 2,000 35,000 37,000 0 0 Inventory in process, March 1 (40% completed) Started and completed in March Transferred to Baking Department in March Inventory in process, March 31 (90% completed) Total units to be assigned costs Cost Information Cost per equivalent unit: 3,000 3,000 2.700 40,000 38,000 38.900 Total costs for March in Mixing Department Total equivalent units Direct Materials Conversion $40,660 $36.955 38,000 38.900 1.07 0.95 Cost per equivalent unit Costs assigned to production: Divare Direct Materials Conversion Total $2,200 $600 $2,800 77,615 $80,415 Inventory in process, March 1 Costs incurred in March Total costs accounted for by the Mixing Department Cost allocated to completed and partially completed units: Inventory in process, March 1-balance To complete inventory in process, March 1 Cost of completed March 1 work in process Started and completed in March Transferred to Baking Department in March Inventory in process, March 31 Total costs assigned by the Mixing Department $2,800 1,140 0 1,140 $3,940 70,700 37,450 33,250 74.640 3,210 2,565 5,775 80415 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 Hound your parent computations to the rest cent, if required Cost Analysis for February - Mixing Department Amount Equivalent units Cost per Ult Direct Materials in inventory in process, March 1 2,200 2,000 1.10 Conversion costs in inventory in process, March 1 600 100 0.75 Total cost per unit 1.05 March Cost Analysis Determine the cost per unit of direct materials and for conversion for the month of March using the completed asta on the cost of Production Hound your parent computations to the nearest cent, if required Cost Analysis for March-Mixing Department Amount Equivalent Units Cost per Unit Costs for Harth Owect Materials Cost for Marsh Conversion Total cost per unit Mixing Dept. Evaluation After reviewing your work on the February Cost Analysis and March Cost Analytonathan Grovelating the Mixing Department's performance by wing the fooing to In March, was the Maing Departments total cost per unit higher or lower than in February For which component was the cost per unit for Marchigher than rebruary what is most probably your recommendation to Jonathan Gront over your computatione Journal On March 31, using the data provided on the cost of production Journalte the entry to move the appropriate amount of cost from the Department to the tanto does not require an entry leavet blank Mar 31 Work in Process-Baking 74.64 Work in Process-Mixing 7460