Lighthouse Paper Company manufactures newsprint. The product is manufactured in two departments, Papermaking 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 ProcessPapermaking DepartmentAccount No.DateItemDebitCreditBalanceDebitCreditMar.1Bal., 6,600 units, 10% completed 16,632 31Direct materials, 35,200 units49,280 65,912 31Direct labor15,030 80,942 31Factory overhead8,454 89,396 31Goods transferred, 39,300 units ? ? 31Bal., 2,500 units, 20% completed ?

Question Content Area

a1. Prepare the March journal entry for the Papermaking Department for the materials charged to production. If an amount box does not require an entry, leave it blank.

a2. Prepare the March journal entry for the Papermaking Department for the conversion costs charged to production. If an amount box does not require an entry, leave it blank.

a3. Prepare the March journal entry for the Papermaking Department for the completed production transferred to the Converting Department. If an amount box does not require an entry, leave it blank. If required, round your interim calculations to two decimal places and your final answer to the nearest dollar.

b. Determine the Work in ProcessPapermaking Department March 31 balance. If required, round your interim calculations to two decimal places and your final answer to the nearest dollar.

Work in Process-Papermaking Department WagesPayableFactoryOverhead Work in Process-Converting Department Work in Process-Papermaking Department b. Determine the Work in Process-Papermaking Department March 31 balance. If required, round your interim calculations to two decimal places and your final answer to the nearest dollar. Work in Process-Papermaking Department Materials-Pulp 49,280