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Happy Colors manufactures crayons in a three-step process: mixing, molding, and packaging. At April 31, before recording the transfer of costs from the Mixing Department
Happy Colors manufactures crayons in a three-step process: mixing, molding, and packaging. At April 31, before recording the transfer of costs from the Mixing Department to the Molding Department, the Happy Colors general ledger included the i (Click the icon to view the additional information.) following account: (Click the icon to view the account.) Read the requirements. Requirement 1. Prepare a production cost report for the Mixing Department for April. Round equivalent unit of production costs to four decimal places. Round all other costs to the nearest whole dollar. (Complete all input fields. Enter a "0" for any zero balances. Round cost per unit amounts to four decimal places. Abbreviations used: EUP = equivalent units of production; WIP = work-in-process.) Happy Colors Production Cost Report - Mixing Department - X More info Data table Month Ended April 31 Equivalent Units The Mixing Department combines the direct materials of paraffin wax and Physical Conversion Work-in-Process Inventory-Mixing pigments. The heated mixture is pumped to the Molding Department, where it is Direct poured into molds. After the molds cool, the crayons are removed from the molds UNITS Units Materials Costs Balance, Mar. 1 27,800 and are transferred to the Packaging Department, where paper wrappers are Units to account for: Direct materials 22,400 added and the crayons are boxed. Direct labor 21,330 In the Mixing Department, the direct materials are added at the beginning of the process and the conversion costs are incurred evenly throughout the process. Manufacturing overhead 44,070 Work in process of the Mixing Department on April 1, 2024, consisted of 300 batches of crayons that were 30% of the way through the production process. The Total units to account for beginning balance in Work-in-Process Inventory-Mixing was $27,800, which consisted of $10,700 in direct materials costs and $17, 100 in conversion costs. During April, 3,200 batches were started in production. The Mixing Department Units accounted for: Print Done transferred 2,800 batches to the Molding Department in April, and 700 were still in process on April 31. This ending inventory was 80% of the way through the mixing process. Happy Colors uses the FIFO method. Transferred to Molding Department Print Done Total units accounted for
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