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Haley Paper Co. produces the paper used by wallpaper manufacturers. Haley's four-stage process includes mixing. cooking, rolling, and cutting. (Click the icon to view additional

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Haley Paper Co. produces the paper used by wallpaper manufacturers. Haley's four-stage process includes mixing. cooking, rolling, and cutting. (Click the icon to view additional information.) The Mixing Department compiled the following data for March: (Click the icon to view the data.) Read the requirements Mixing Department for March, The company uses the weighted-average.mathod, (Round all cost cer unit armounts to the nearest.cent and all ciher amounts to the nearest whole dollar. Abbraviation used: EUP = eauivalent units of production.) - X More Info Haley Paper, Co. Production Cost Report-Mixing Department Month Ended March 31 On March 1, the Mixing Department had 500 rolls of paper in process. During March, the Mixing Department completed the mixing process for those 500 rolls 0 rolls of Equivalent Units pacer. The department started but did not finish the mixing process for an Physical Direct Conversion additional 600 rolls, which were 20% complete with respect to both direct materials and conversion work at the end of March. Direct materials and conversion costs are incurred evenly throughout the mixing process. Units Materials Costs UNITS Units to accOunt for: Print Done Tatal units to account for X i Units accounted for Data Table Manufacturing Total Direct Direct Tolal units accounted for Materials Labor Overhead Allocated Costs Total Direct Conversion Beginning inventory, Mar. 1 $ 420 135 210 S Materials Costs Costs COSTS 5,230 4.155 3.410 12,795 Costs added during March Costs to account for S 4,290 5,650 3,620 S 13,560 Tolal costs Tatal costs to account for Prin Done Cost per equivalent unit Costs acpounted for Tatal cosis accounted for I transactions affecting the company's mixing process during March. Assume labor costs are accrued and not yet paid. Requirement 2. Journalize- Beain with a o record the assignment of direct materials, direct labor, and the allocation of manufacturing overhead to the Mixing Department. (Prepare a single compound journal entry. Record debits first, then credits. Exclude explanations from any iournal entries.) Date Accounts Debit Credit Mar. 31 Prepare the joumal entry to record the cost of the units completed and transferred out of the Mixing Department Debit Credit Date Accounts Mar. 31

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