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

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Johnson Paper Co. produces the paper used by wallpaper manufacturers. Johnson's four-stage process includes ming, cooking, rolling, and cutting (Click the icon to view additional information) The Mixing Dep (Click the icon to view the data Read the requirements Requirement 1. Prepare a production cost report for the Mixing Department for March using the FIFO method. The Mixing Department beginning work Conversion costs Round equivalent unit of production costs to four decimal places Round all other costs to the nearest whole dollar (Complete all inpu roduction costs to four decimal places. Round all other costs to the nearest whole dollar Abbreviations used EUP = equivalent units of production, WI Johnson Paper, Co. Production Cost Report - Mixing Department Month Ended March 31 Equivalent Units Physical Direct Conversion UNITS Units Materials Costs Units to account for For account for Ve here to search O aper mangia uutes vos sou stage process cues The Mine compiled me following data for watch Click the icon to view the data.) Read the requirements the Mixing Department for March using the FIFO method The Mixing Department beginning work in process of 100 units is 20% comp costs to four decimal places Round all other costs to the nearest whole dollar (Complete all input fields Enter a "0" for any zero balar er costs to the nearest whole dollar. Abbreviations used: EUP = equivalent units of production, WIP = work-in-process) con Paper, Co. eport - Mixing Department Ended March 31 Equivalent Units Direct Conversion al Materials Costs Time Ren EX Spe 20C Johnson Paper Co produces the paper use mixing, cooking, rolling, and cutting Click the icon to view additional information.) Click the icon to view th Read the requirements Month Ended March 31 Equivalent Units Physical Direct Conversion Units Materials Costs UNITS Units to account for Total units to account for is accounted for Transferred to Cooking Johnson Paper Co produces the pape used by wallpaper manufacturers, Johnson's four-stage process includes mbing, cooking, rolling, and cutting (Click the icon to view additional information) The Mixing Department comp ! Click the icon to view the Read the requirements: CETER Units accounted for Transferred to Cooking Total units accounted for Direct Conversion Total Cost COSTS Materials Costs Costs per Unit Couts to account for Total costs to account for Johnson Paper Co. produces the paper used by wallpaper mixing, cooking, rolling, and cutting Click the icon to view additional information) (Click the icon to view Read the requirements, + Materials Costs Costs per Unit COSTS Costs to account for Total costs to account for Cost per equivalent unit Costitaccounted for Total costs for beginning WIP Johnson Paper Co. produces the paper used by wallpaper manufacturers Johnson's four-stage process includes mixing, cooking, rolling, and cutting (Click the icon to view additional information) The Miking Department comp (Click the icon to view the Read the requirements Total costs for beginning WIP Transferred to Cooking Total costs accounted for Requirement 2. Joumalize all transactions affecting the company's mixing process during March Assume labor costs are accrued and not yet pe Begin with a summary journal entry to record the assignment of costs for direct materials and direct labor, and the allocation of manufacturing over Record debits first, then credits. Exclude explanations from journal entries) Date Accounts Debit Credit Mar 31 Johnson Paper Co produces the paper used by wallpaper manufacturers Johnson's four-stage process includes muing, cooking, rolling, and cutting Click the icon to view additional information) The Mixing Department compa E (Click the icon to view the Read the requirements Begin with a summary journal entry to record the assignment of costs for direct materials and direct labor, and the allocation of manufacturing overt Record debits first, then credits. Exclude explanations from journal entries.) Date Accounts Debit Credit Mar 31 Prepare the journal entry to record the cost of the units transferred out of the Mixing Department Date Accounts Debit Credit Mar 31 Type here to search o it - hp GRINAT ment x Tom jou More info Departo On March 1, the Mixing Department had 100 rolls of paper in process. During March, the Mixing Department completed the mixing process for those 100 rolls and also started and completed the mixing process for an additional 4,900 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. transfel Print Done - e C Data Table ssigni ons fr Data table x Beginning inventory, Mar. 1 Costs added during March Direct Direct Manufacturing Materials Labor Overhead Allocated Total Costs $ 340 $ 325 $ 220 $ 885 5,984 2,425 3,150 11,559 Total costs $ 6,324 $ 2,750 $ 3,370 $ 12,444 units til its Print Done

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