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

					Balance
Date		Item	Debit	Credit	Debit	Credit
Mar.	1	Bal., 2,000 units, 35% completed			9,118
	31	Direct materials, 105,000 units	367,500		376,618
	31	Direct labor	40,400		417,018
	31	Factory overhead	44,192		461,210
	31	Goods transferred, 104,200 units		?	?
	31	Bal., 2,800 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 ProcessPapermaking Department March 31 balance.

* Refer to the Chart of Accounts for exact wording of account titles. Round your cost per unit answers to the nearest cent and final answers to the nearest dollar amount.

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JOURNAL

Score: 84/88

	DATE	DESCRIPTION	POST. REF.	DEBIT	CREDIT
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B. Determine the Work in ProcessPapermaking Department March 31 balance. Answer is >>>>