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On March 1, the Mixing Department had 100 rolls of paper in process. During March, the Mixing Department completed the mixing process for those 100
On March 1, the Mixing Department had 100 rolls of paper in process. During March, the Mixing Department completed the mixing process for those 100 rolls and also started and completed the mixing process for an additional 4,800 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.
- Data Table Direct Direct Manufacturing Total Materials Labor Overhead Allocated Costs Beginning inventory, Mar. 1 $ 420 $ 505 $ $ 240 3,080 1,165 12,335 5,080 4,175 Costs added during March $ 5,500 $ 4,680 $ 3,320 $ 13,500 Total costs Print Done i -X Requirements 1. Prepare a production cost report for the Mixing Department for March. The company uses the weighted average method. 2. Journalize all transactions affecting the company's mixing process during March. Assume labor costs are accrued and not yet paid. Print Done
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