Question Help Le Paper Co. produces the paper used by wallpaper manufacturers Les four stage process includes moing cooking, roting The Ming Department complete fotowing date for March and culing Click the icon to view the data) Chok the icon to view additional information) Read the Requirement 1. Prepare a production cost report for the Ming Department for March The company the weighted average method Round cooperunt morts to the nearest cert and the mounts to the role olur braio sed EUP vous of production) Lee Paper Co. X Production Cost Report Department Month Ended March 31 Equivalent Units On March 1, the Moong Department had 400 rolls of paper in proces. During March the Ming Department completed the mong process for those 400 ron Physical Direct Coro and started and completed the ring process for an tional or UNITS Us Materials Costs Dapet. The department started but did not fire ming process for an woon of which were 20come we respect to both redes Units to account for and conversion we end of March Dwed me and conversion wenned evenly throughout the mong reces X Data Table Total units to account Un accounted to Det Materials 490 Direct Labor 3 270 410 Mantan Overhead Allocated To Costs one 1912 329 Come during March Choose from any list or enter any number in the input fields and then continue to the next question 40 Units accounted for Total units accounted for Direct Materials Conversion Costs Total Costs COSTS Costs to account for: Total costs to account for Cost per equivalent unit Costs accounted for he Total costs accounted for Choose from any list or enter any number in the input fields and then continue to the next question Total costs accounted for Requirement 2. Journalize all transactions affecting the company's mixing process during March. Assume labor costs are accrued and not yet paid Begin with a summary journal entry to record the assignment of direct materials, direct labor, and the allocation of manufacturing overhead to the Mixing Department. (F explanations from any joumal entries.) Date Accounts Debit Credit Mar 31 Data Table Prepare the journal entry to record the cost of the units completed and transferred out of the Moring Department Direct Materials Beginning inventory. Mar 15 450 4522 Costs added during March S 4.972 Total costs Date Accounts Debit Credit Mar 31 Prir Choose from any list or enter any number in the input fields and then continue to the next question Lee Paper Co. produces the paper used by wallpaper manufacturers. Lee's four-stage process includes mixing, cooking, rolling, T and cutting Click the icon to view additional information.) R Requirement 1. Prepare a production cost report for the Mixing Department for March. The company uses the weighted average m used: EUP = equivalent units of production) Lee Paper, Co. Production Cost Report-Mixing Department Month Ended March 31 Equivale Units Physical Direct Conversion UNITS Units Materials Costs Units to account for Total units to account for Units accounted for Choose from any list or enter any number in the input fields and then continue to the next question rolling, The Mixing Department compiled the following data for March: |(Click the icon to view the data.) Read the requirements. ist whole dolla average mi * More Info 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 4,000 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, Data Table Direct Labor Total Costs Direct Materials Beginning inventory, Mar. 1 $ 450 Costs added during March 4.522 S 4,972 Total costs Manufacturing Overhead Allocated $ 250 3.250 $ 270 4.140 970 11.912 12.882 $ 4.410 3.500 $