Instructions Lighthouse Paper Company manufactures newsprint. The product is manufactured in two departments, Papormaking and Converting Pulp is first placed into a vessel at the beginning of papermaking production. The following information concerns production in the Papermaking Department for March ACCOUNT Work In Process-Papermaking Department Balance Date Item Debit Credit Debit Credit Mat 1 Bal 2,800 units, 35% completed 9,178 31 Direct materials, 105,000 units 357,000 366,178 31 Direct labor 40,500 406.758 31 Factory overhead 44,306 451,154 A Previous ndowne structions ACCOUNT Work In Process-Papermaking Department Balance Date Item Debit Credit Debit Credit Mar. 1 Bal., 2,800 units, 35% completed 9,178 31 Direct materials, 105,000 units 357,000 366,178 31 Direct labor 40,580 406,758 31 Factory overhead 44,396 451,154 31 Goods transferred, 104,800 units 31 Bal., 3,000 units, 80% completed Instructions 31 Bal 3,000 units, 80% completed Required: a. On March 31, prepare the following journal entries for the Papermaking Department." 1. The materials charged to production 2. The conversion costs charged to production 3. The completed production transferred to the Converting Department b. Determine the Work in Process-Papermaking Department March 31 balance. Round your cost per unit answers to the nearest cent and final answers to the nearest dollar amount. *Refer to the Chart of Accounts for exact wording of account titles. Round your cost per unit answers to the nearest cent and final answers to the nearest dollar amount lournal JOURNAL POST. REF. DEBIT CREDIT DATE DESCRIPTION Mar. 31 Work in Process-Papermaking Department 357,000.00 357,000.00 Mar 31 84,976.00 Materials-Pulp Work in Process-Papermaking Department Wages Payable Factory Overhead-Papermaking Department 40,580.00 44,396.00 Mar. 31 Work in Process-Converting Department Work in Process-Papermaking Department Instructions Jouma Final Question b Determine the Work in Process Papermaking Department March 31 balance. Round your cost per unit answers to the nearest cent and final answers to the nearest dollar amount