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.	1	Bal., 7,000 units, 40% completed					11,760
	31	Direct materials, 37,300 units	52,220				63,980
	31	Direct labor	15,420				79,400
	31	Factory overhead	8,670				88,070
	31	Goods transferred, 41,600 units			?		?
	31	Bal., 2,700 units, 50% 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.

blank	Factory Overhead-Papermaking DepartmentFinished GoodsMaterials-PulpWork in Process-Converting DepartmentWork in Process-Papermaking DepartmentWork in Process-Papermaking Department	Work in Process-Papermaking Department	Work in Process-Papermaking Department
	Factory Overhead-Papermaking DepartmentFinished GoodsMaterials-PulpWork in Process-Converting DepartmentWork in Process-Papermaking DepartmentMaterials-Pulp	Materials-Pulp	Materials-Pulp

Question Content Area

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.

blank	Factory OverheadMaterials-PulpWages ExpenseWork in Process-Converting DepartmentWork in Process-Papermaking DepartmentWork in Process-Papermaking Department	Work in Process-Papermaking Department	Work in Process-Papermaking Department
	CashCost of Goods SoldWages PayableWork in Process-Converting DepartmentWork in Process-Papermaking DepartmentWages Payable	Wages Payable	Wages Payable
	Accounts PayableCashFactory OverheadWork in Process-Converting DepartmentWork in Process-Papermaking DepartmentFactory Overhead	Factory Overhead	Factory Overhead

Question Content Area

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.

blank	CashFinished GoodsMaterials-PulpWork in Process-Converting DepartmentWork in Process-Papermaking DepartmentWork in Process-Converting Department	Work in Process-Converting Department	Work in Process-Converting Department
	CashFinished GoodsMaterials-PulpWork in Process-Converting DepartmentWork in Process-Papermaking DepartmentWork in Process-Papermaking Department	Work in Process-Papermaking Department	Work in Process-Papermaking Department

Question Content Area

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. $fill in the blank f0b23b0a2fecff8_1