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Reed Paper Co. produces the paper used by wallpaper manufacturers. Reed's four-stage process includes mixing, cooking, rolling, and cutting. (Click the icon to view

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Reed Paper Co. produces the paper used by wallpaper manufacturers. Reed's four-stage process includes mixing, cooking, rolling, and cutting. (Click the icon to view additional information.) The Mixing Department compiled the following data for March: (Click the icon to view the data.) Read the requirements. Requirement 1. Prepare a production cost report for the Mixing Department for March. The company uses the weighted-average method. (Round all cost per unit amounts to the nearest cent and all other amounts to the nearest whole dollar. Abbreviation used: EUP = equivalent units of production.) Reed Paper, Co. Production Cost Report-Mixing Department UNITS 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 Costs to account for: Beginning work-in-process Costs added during the 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 Month Ended March 31 Equivalent Units Physical Units Direct Conversion Materials Costs Data table Direct Materials Direct Manufacturing Total Labor Overhead Allocated Costs Beginning inventory, Mar. 1 $ 280 $ 4,890 290 $ 2,080 190 $ 3,080 760 10,050 Costs added during March Total costs $ 5,170 $ 2,370 $ 3,270 $ 10,810 Direct Materials Conversion Costs Total Costs More info Print Done - 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 4,200 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. Print Done

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