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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

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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 Mixing Department compiled the following data for March: 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 in process of 450 units is 60% complete as to both direct materials and conversion costs. Round equivalent unit of production costs to four decimal places Round all other costs to the nearest whole dollar. (Complete all answer boxes. Enter a "0" for any zero balances. Round equivalent unit of production costs to four decimal places. Round all other costs to the nearest whole dollar. Abbreviations used: EUP = equivalent units of production: WIP = work-in-process.) 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 Total units to account for Units accounted for Transferred to Cooking Total units accounted for Direct Cost Conversion Costs Total Costs COSTS Materials per Unit neten rent in Choose from any list or enter any number in the input fields and then continue to the next question Total units accounted for Direct Conversion Total Cost COSTS Materials Costs Costs per Unit Costs to account for: Total costs to account for Cost per equivalent unit Costs accounted for Total costs for beginning WIP Transferred to Cooking Total costs accounted for Inn Il tranractions affecting the comnany's mixing process during March. Assume labor costs are Requirement 2. Journalize all transactions affecting the company's mixing process during March. Assume labor costs are accrued and not yet paid. Begin with a summary journal entry to record the assignment of costs for direct materials and direct labor, and the allocation of manufacturing overhead to the Mixing Department (Prepare a single compound journal entry. 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 . i More Info On March 1, the Mixing Department had 450 rolls of paper in process. During March, the Mixing Department completed the mixing process for those 450 rolls and also started and completed the mixing process for an additional 3,650 rolls of paper. The department started but did not finish the mixing process for an additional 600 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. Print Done - Data Table Direct Direct Total Manufacturing Overhead Allocated Materials Labor Costs Beginning inventory, Mar. 1 $ $ $ $ 340 4,935 495 2,808 250 3,410 1,085 11,153 Costs added during March $ 5,275 $ 3,303 $ 3,660 $ 12,238 Total costs Print Done

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