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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
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 Department Account No Date Item Debit Credit Balance Debit Credit Mar. Bal., units, completed Direct materials, units Direct labor Factory overhead Goods transferred, units Bal., units, completed Question Content Area a 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. blank Work in ProcessPapermaking Department MaterialsPulp Question Content Area a 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. blank Work in ProcessPapermaking Department Wages Payable Factory Overhead Question Content Area a 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. blank Work in ProcessConverting Department Work in ProcessPapermaking Department Question Content Area b Determine the Work in ProcessPapermaking Department March balance. If required, round your interim calculations to two decimal places and your final answer to the nearest dollar. $fill in the blank dbfffffe
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 Department Account No
Date Item Debit Credit Balance
Debit Credit
Mar. Bal., units, completed
Direct materials, units
Direct labor
Factory overhead
Goods transferred, units
Bal., units, completed
Question Content Area
a 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.
blank
Work in ProcessPapermaking Department
MaterialsPulp
Question Content Area
a 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.
blank
Work in ProcessPapermaking Department
Wages Payable
Factory Overhead
Question Content Area
a 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.
blank
Work in ProcessConverting Department
Work in ProcessPapermaking Department
Question Content Area
b Determine the Work in ProcessPapermaking Department March balance. If required, round your interim calculations to two decimal places and your final answer to the nearest dollar.
$fill in the blank dbfffffe
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