Preparing a production cost report, beginning WIP, no costs transferred in; journal entries Roan Paper Co. produces the paper used by wallpaper manufacturers. Roan's four-stage process includes mixing, cooking, rolling, and cutting. On March 1, the Mixing Department had 300 rolls of paper in process. During March, the Mixing Department completed the mixing process for those 300 rolls and also started and completed the mixing process for an additional 4,200 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. The Mixing Department compiled the following data for March: 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. Direct Materials Direct Labor $ 350 $ 245 Beginning inventory, Mar 1 Costs added during March Manufacturing Total Overhead Allocated Costs $ 200 $ 795 11,165 $ 3,425 $ 11,960 4,940 3,000 3,225 Total costs $5,290 $ 3,245