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= Homework: CHAPTER M-3 Question 7, PM3A-450 Part 3 of 7 - X Data table Allen Paper Co. produces the paper used by wallpaper manufacturers. Allen's four-stage process includes mixing, cooking, rolling, and cutting. (Click the icon to view additional information.) Beginning inventory, Mar. 1 Direct Direct Manufacturing Total Materials Labor Overhead Allocated Costs $ 475 $ 275 $ 300 $ 1,050 5,045 2,900 2,965 10,910 $ 5,520 $ 3,175 $ 3,265 $ 11,960 .. Costs added during March Total costs 5,000 4,280 4,280 Total units accounted for Direct Conversion Total Cost Print COSTS Materials Costs Costs per Unit Done Costs to account for: Beginning work-in-process $ 1,050 475 $ 5,045 575 $ 5,865 Costs added during the period 10,910 Total costs to account for $ 5,520 $ 6,440 $ 11,960 1. Prepare a production cost report for the Mixing Department for March using the FIFO method. The Mixing Department beginning work in process of 400 units is 80% complete as to both direct materials and conversion costs. 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 company's mixing process during March. Assume labor costs are accrued and not yet paid. Costs added during the period $ 5,045 $ 5,865' Divided by: EUP this period 4,280 4,280 $ 1.1787 $ 1.3703 Cost per equivalent unit Costs accounted for: Started and completed Print Done Ending work-in-process Total costs for beginning WIP Transferred to Cooking On March 1, the Mixing Department had 400 rolls of paper in process. During March, the Mixing Department completed the mixing process for those 400 rolls and also started and completed the mixing process for an additional 4, 100 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. Total costs accounted for Help me solve this Etext pages Get more help iswer