More Info On March 1, the Mixing Department had 250 rolls of paper in process. During March, the Mixing Department completed the mixing process for those 250 rolls and also started and completed the mixing process for an additional 4,650 rolls of paper. The department started but did not finish the mixing process for an additional 500 rolls, which were 20% complete with respect to both direct materials and conversion work at the end of March. Direct materials and conversion costs are incurred evenly throughout the mixing process. Print Done Data Table Beginning inventory, Mar. 1 Costs added during March Total costs Direct Direct Manufacturing Total Materials Labor Overhead Allocated Costs $ 360 $ 420 $ 220 $ 1,000 5,140 2,500 3,360 11,000 5,500 $ 2,920 $ 3,580 $ 12,000 Print Done Production Cost Report-Mixing Department Month Ended March 31 Equivalent Units Physical Direct Conversion UNITS Units Materials Costs Units to account for: Beginning work-in-process 250 Started in production 5150 5400 Total units to account for Units accounted for: Total units accounted for Direct Conversion Total COSTS Materials Costs Costs Conversion Total Direct Materials Costs Costs COSTS Costs to account for: Total costs to account for Cost per equivalent unit Costs accounted for: Total costs accounted for Requirement 2. Journalize all transactions affecting the company's mixing process during March. Assume labor costs are accrued and not yet paid. (Record debits first, then credits. Exclude explanations from any journal entries.) Begin with the journal entry to record the assignment of direct materials to the Mixing Department. Do not record the assignment of direct labor or the allocation of manufacturing overhead with this entry. We will prepare those entries separately in the following steps. Date Accounts Debit Credit Mar. 31 Prepare the journal entry to record the assignment of direct labor to the Mixing Department. Assume labor costs are accrued and not yet paid. Accounts Debit Credit Date Mar. 31 Prepare the journal entry for the allocation of manufacturing overhead to the Mixing Department Date Accounts Debit Credit Mar. 31 Prepare the journal entry to record the cost of the units completed and transferred out of the Mixing Department Date Accounts Debit Credit Mar. 31