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 (40% completed)	2,000	fill in the blank	fill in the blank
Started and completed in March	35,000	35,000	35,000
Transferred to Baking Department in March	37,000	fill in the blank	fill in the blank
Inventory in process, March 31 (80% completed)	3,000	fill in the blank	fill in the blank
Total units to be assigned costs	40,000	fill in the blank	fill in the blank

Cost Information

Cost per equivalent unit:	Direct Materials	Conversion
Total costs for March in Mixing Department	$40,660	$36,670
Total equivalent units	fill in the blank	fill in the blank
Cost per equivalent unit	fill in the blank	fill in the blank
Costs assigned to production:
	Direct Materials	Conversion	Total
Inventory in process, March 1	$2,200	$600	$2,800
Costs incurred in March			77,330
Total costs accounted for by the Mixing Department			$80,130
Cost allocated to completed and partially completed units:
Inventory in process, March 1-balance			$2,800
To complete inventory in process, March 1	fill in the blank	1,140	1,140
Cost of completed March 1 work in process			$3,940
Started and completed in March	37,450	33,250	70,700
Transferred to Baking Department in March			fill in the blank
Inventory in process, March 31	3,210	2,280	fill in the blank
Total costs assigned by the Mixing Department			fill in the blank

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	fill in the blank	fill in the blank
Conversion costs in inventory in process, March 1	fill in the blank	fill in the blank	fill in the blank
		Total cost per unit	fill in the blank

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	fill in the blank	fill in the blank
Costs for March: Conversion	fill in the blank	fill in the blank	fill in the blank
		Total cost per unit	Fill in the blank

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	?	?