More info Data table The Mixing Department combines the direct materials of paraffin wax and pigments. The heated mixture is pumped to the Molding Department, where it is poured into molds. After the molds cool, the crayons are removed from the molds and are transferred to the Packaging Department, where paper wrappers are added and the crayons are boxed. In the Mixing Department, the direct materials are added at the beginning of the process and the conversion costs are incurred evenly throughout the process. Work in process of the Mixing Department on March 1, 2024, consisted of 700 batches of crayons that were 40% of the way through the production process. The beginning balance in Work-in-Process Inventory-Mixing was $27,100, which consisted of $10,500 in direct materials costs and $16,600 in conversion costs. During March, 3,200 batches were started in production. The Mixing Department transferred 2,600 batches to the Molding Department in March, and 1,300 were still in process on March 31. This ending inventory was 50% of the way through the mixing process. Creta Colors uses the FIFO method. Print Done Balance, Mar. 1 Direct materials Work-in-Process Inventory-Mixing 27,100 32,000 Direct labor Manufacturing overhead 19,850 39,550 Requirements 1. Prepare a production cost report for the Mixing Department for March. Round equivalent unit of production costs to four decimal places. Round all other costs to the nearest whole dollar. 2. Journalize all transactions affecting the Mixing Department during March, including the entries that have already been posted. Assume labor costs are accrued and not yet paid. Creta Colors manufactures crayons in a three-step process: mixing, molding, and packaging. (Click the icon to view the additional information.) At March 31, before recording the transfer of costs from the Mixing Department to the Molding Department, the Creta Colors general ledger included the following account: (Click the icon to view the account.) Read the requirements. Requirement 1. Prepare a production cost report for the Mixing Department for March. Round equivalent unit of production costs to four decimal places. Round all other costs to the nearest whole dollar. (Complete all input fields. Enter a "0" for any zero balances. Round cost per unit amounts to four decimal places. Abbreviations used: EUP = equivalent units of production; WIP = work-in-process.) Creta Colors Production Cost Report - Mixing Department Month Ended March 31 Equivalent Units UNITS Physical Units Direct Materials Conversion Costs Units to account for: Total units to account for Units accounted for: Transferred to Molding Department Total units accounted for