Problem 20-33A Roan Paper Co. produces the paper used by wallpaper manufacturers. Roans 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: Direct Materials Direct Labor Manufacturing Overhead Allocated Total Costs Beginning inventory, Mar. 1 $ 350 $ 245 $ 200 $795 Costs added during March 4,940 3,000 3,225 11,165 Total costs $ 5,290 $ 3,245 $ 3,425 $ 11,960 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 companys mixing process during March. Assume labor costs are accrued and not yet paid. Requirement 1 ROAN PAPER COMPANY Production Cost ReportMIXING DEPARTMENT Month Ended March 31, 20XX Equivalent Units UNITS Physical Units Direct Materials Conversion Costs Units to account for: Beginning work-in-process Started in production Total units to account for Units accounted for: Completed and transferred out Ending work-in-process Total units accounted for COSTS Direct Materials Conversion Costs Total Costs Costs to account for: Beginning work-in-process Costs added during period Total costs to account for Divided by: Total EUP Cost per equivalent unit Costs accounted for: Completed and transferred out Ending work-in-process Total costs accounted for Requirement 2 Date Accounts and Explanation Debit Credit Mar. 31 Materials used, direct materials assigned to WIP. Labor incurred, direct labor assigned to WIP. Overhead allocated to WIP. Transfer costs assigned to units transferred.