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 Process$-$Papermaking Department ACCOUNT NO$.$

Balance

Date Item Debit Credit Debit Credit

Mar. $1$ Bal., $2,600$ units, $35\%$ completed $9,127$

$31$ Direct materials, $104,000$ units $327,600336,727$

$31$ Direct labor $40,620377,347$

$31$ Factory overhead $43,468420,815$

$31$ Goods transferred, $103,700$ units $??$

$31$ Bal., $2,900$ 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.

$*$Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered. Round your cost per unit answers to the nearest cent and final answers to the nearest dollar amount.