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IMG attached - _ > Allen Paper Co. produces the paper used by wallpaper manufacturers. Allen's four-stage process includes mixing, cooking, rolling, and cutting. O
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Allen Paper Co. produces the paper used by wallpaper manufacturers. Allen's four-stage process includes mixing, cooking, rolling, and cutting. O (Click the icon to view additional information.) Equivalent Units 1. 2. Requirements Prepare a production cost report for the Mixing Department for March. The company uses the weighted-average method. Journalize all transactions affecting the company's mixing process during March. Assume labor costs are accrued and not yet paid. Physical Units UNITS Units to account for: Total units to account for Units accounted for: Total units accounted for COSTS Costs to account for: Total costs to account for Cost per equivalent unit Costs accounted for: Direct Materials Direct Materials Conversion Costs Conversion Costs print Direct Materials 360 $ 5,716 6,076 $ Print Done Direct Labor Manufacturing Overhead Allocated 175 $ 2,775 2,950 $ Done 170 $ 3,250 3,420 $ Total Costs Beginning inventory, Mar. 1 Costs added during March Total costs O More Info x Total Costs 705 11 ,741 12,446 x 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 and also started and completed the mixing process for an additional 4,300 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.
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