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P18A-44B (similar to) Cobal Wean manufactures crayons in a three-step processing, molding and packaging Click the lon to www the additional information) Question Help At

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P18A-44B (similar to) Cobal Wean manufactures crayons in a three-step processing, molding and packaging Click the lon to www the additional information) Question Help At March 31, before recording the transfer of costs from the Macing Department to the Molding Department, the Cobal Waxen general ledger induded the following court Click the icon to view the account.) Read the requires Requirement 1. Prepare a production cost import for the Maing Department for Marth. Round equivalent unit of production costs to four decimal places. Round all other costs to the nearest whole dollar Come il roulais. Enter a forwyzer balance. Round cost per unit mounts to four decimal places Abbreviations used. EUP equivalent units of production WIP work in process) Cobalt Waren Production Cost Report. Mixing Department Month Ended March 1 Equivalent Units Plyysical Direct Conversion UNITS Units Materiale Costs crocord for Bergwort process Sino 1100 1800 Tout count for 4900 i More Info - x 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, 2018, consisted of 1,100 batches of crayons that were 20% of the way through the production process. The beginning balance in Work-in-Process InventoryMixing was $27,200, which consisted of $11,300 in direct materials costs and $15,900 in conversion costs. During March, 3,800 batches were started in production. The Mixing Department transferred 2,600 batches to the Molding Department in March, and 2,300 were still in process on March 31. This ending inventory was 40% of the way through the mixing process. Cobalt Waxen uses FIFO process costing. Print Done i Data Table Work-in-Process Inventory-Mixing Balance, Mar. 1 27,200 Direct materials 15,200 Direct labor Manufacturing overhead 27,960 11,640 Print Done i 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. Print Done

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