Production Cost Report - Mixing Department Month Ended March 31 Equivalent Units Direct Conversion Physical Units UNITS Materials Costs Units to account for: Beginning work-in-process 500 Started in production 5,100 5,600 Total units to account for Units accounted for: Beginning work-in-process 500 400 400 Started and completed 4,500 4,500 4,500 Transferred to Cooking 5,000 4,900 4,900 600 120 120 Ending work-in-process 5,600 5,020 5,020 Total units accounted for Requirement 1. Prepare a production cost report for the Mixing Department for March using the FIFO method. The Mixing Department beginning work in process of 500 units is 20% 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. (Complete all answer boxes. Enter a "0" for any zero balances. Round equivalent unit of production costs to four decimal places. Round all other costs to the nearest whole dollar. Abbreviations used: EUP = equivalent units of production; WIP = work-in-process.) Neal Paper, Co. Production Cost Report - Mixing Department Month Ended March 31 Equivalent Units Physical Direct Conversion UNITS Units Materials Costs Units to account for: Beginning work-in-process 500 Started in production 5,100 5,600 Total units to account for Units accounted for: Beginning work-in-process 500 400 400 Started and completed 4,500 4,500 4,500 Transferred to Cooking 5,000 4,900 4,900 - X Data Table - Direct Direct Manufacturing Total Materials Labor Overhead Allocated Costs Beginning inventory, Mar. 1 $ 550 $ 480 $ 160 $ 1,190 6,106 Costs added during March 4,558 3,250 13,914 $ 6,656 $ 5,038 $ 3,410 $ 15,104 Total costs Print Done On March 1, the Mixing Department had 500 rolls of paper in process. During March, the Mixing Department completed the mixing process for those 500 rolls and also started and completed the mixing process for an additional 4,500 rolls of paper. The department started but did not finish the mixing process for an additional 600 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. Print Done COSTS Materials Costs Costs per Unit Costs to account for: $ 550 $ 640 $ 1,190 Beginning work-in-process Costs added during the period 6,106 7,808 13,914 Total costs to account for $ 6,656 $ 8,448 $ 15,104 Costs added during the period $ 6,106 $ 7,808 Divided by: EUP this period 5,020 5,020 $ 1.2163 $ 1.5554 Cost per equivalent unit Costs accounted for: Beginning work-in-process 550 640 1190 Costs to complete beginning WIP Total costs for beginning WIP Started and completed Transferred to Cooking 6106 Ending work-in-process 6656 15104 Total costs accounted for
