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Requirement 1. Prepare a production cost report for the Mixing Department for March. The company uses the weighted average method. (Round all cost per unit amounts to the nearest cent and all other amounts to the nearest whole dollar. Abbreviation used: EUP = equivalent units of production.) Samson Paper, Co. Production Cost Report-Mixing Department Month Ended March 31 Equivalent Units Physical Direct Conversion - X UNITS Units Materials Costs More info Units to account for: Beginning work-in-process 150 On March 1, the Mixing Department had 150 rolls of paper in process. During Started in production 4950 March, the Mixing Department completed the mixing process for those 150 rolls and also started and completed the mixing process for an additional 4,450 rolls of Total units to account for 5100 paper. The department started but did not finish the mixing process for an additional 500 rolls, which were 20% complete with respect to both direct materials and conversion work at the end of March Direct materials and conversion costs Units accounted for: are incurred evenly throughout the mixing process. Beginning work-in-process 1501 Completed and transferred out Data table Total units accounted for 4450 Direct Conversion Total COS Materials Cost Costs Costs to account for: Direct Direct Manufacturing Total Materials Labor Overhead Allocated Costs $ 340 $ 505 $ 240 $ 1,085 5,535 4,670 3.280 13,485 Beginning inventory, Mar. 1 Costs added during March $ 5,875 $ 5,175 $ 3,520 $ 14,570 Total costs Total costs to account for Cost per equivalent unit Costs accounted for: Print Done Direct Conversion Total Materials Costs Costs COSTS Costs to account for: Total costs to account for More info Cost per equivalent unit Costs accounted for: On March 1, the Mixing Department had 150 rolls of paper in process. During March, the Mixing Department completed the mixing process for those 150 rolls and also started and completed the mixing process for an additional 4,450 rolls of paper. The department started but did not finish the mixing process for an additional 500 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. Total costs accounted for Requirement 2. Journalize all transactions affecting the company's mixing process during March. Assume labd Begin with a summary journal entry to record the assignment of direct materials, direct labor, and the allocation then credits. Exclude explanations from any journa - Date Accounts Debit Credit Data table Mar. 31 Direct Direct Manufacturing Total Materials Labor Overhead Allocated Costs $ 340 $ 505 $ 240 $ 1,085 5.535 4.670 3,280 13,485 Beginning inventory, Mar. 1 Costs added during March Prepare the journal entry to record the cost of the units completed and transferred out of the Mixing Departmer $ 5,875 $ 5,175 $ 3,520 $ 14,570 Total costs Date Accounts Debit Credit Mar. 31 Print Done