Reed Paper Co. produces the paper used by wallpaper manufacturers. Reed's four-stage process includes mixing, cooking, rolling, and cutting. During March, the Mixing Department started and completed mixing for 4,500 rolls of paper. The department started but did not finish the mixing 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 incurred the following costs during March: (Click the icon to view the costs.) Read the requirements. UNITS Units to account for: Beginning work-in-process Started in production Total units to account for Whole Transferred Direct Conversion Units In Materials Costs 0 5,000 5,000 Units accounted for: Completed and transferred out 4,500 n/a 4,500 4,500 500 Ending work-in-process n/a 100 100 5,000 n/a 4,600 4,600 Total units accounted for Transferred Direct Conversion Total In Materials Costs Costs COSTS Costs to account for: Beginning work-in-process n/a $ 0 $ 0 Costs added during the period n/a $ 5,520 $ 6,440 $ Total costs to account for n/a $ 5,520 $ Divided by: Total EUP n/a 4,600 6,440 $ 4,600 0 11,960 11,960 n/a $ 1.20 $ 1.40 $ 2.60 Cost per equivalent unit Costs accounted for: Completed and transferred out n/a Ending work-in-process n/a n/a Total costs accounted for In Materials Costs Data table Work-in-Process Inventory-Mixing Bal. March 1 0 n/ Direct materials 5,520 n/ Direct labor 580 n/ Manufacturing overhead 5,860 Transfe In n/a n/a n/a GA Print Done 5,520 $ 6,440 $ 11,960 - 0 Transferred Direct Conversion In Materials Costs 0 0 Tra Requirements 1. Prepare a production cost report for the Mixing Department for March. 2. Journalize all transactions affecting the company's mixing process during March, including those already posted. Print Done n/a n/a n/a 5,520 $ 6,440 $ 11,960 n/a 4,600 4,600 n/a 1.20 1.40 2.60 - X