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.) Lee Paper, Co. Production Cost Report-Mixing Department UNITS Units to account for Beginning work-in-process Completed and transferred out Total units to account for Units accounted for. Completed and transferred out Ending work-in-process Total units accounted for Month Ended March 31 Equivalent Units Physical Units Direct Materials Conversion Costs Data table Direct Materials Direct Labor Manufacturing Overhead Allocated Total Costs Beginning inventory, Mar. 1 Costs added during March Total costs $ 450 $ 5,750 95 $ 2,905 250 $ 3,250 795 11,905 6,200 $3,000 $ 3,500 $ 12,700 COSTS Direct Materials Conversion Costs Total Costs More info Costs to account for: Completed and transferred out Ending work-in-process Total costs to account for Divided by: Total costs accounted for Cost per equivalent unit Costs accounted for: Total costs accounted for 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 4,400 rolis 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 Requirement 2. Journalize all transactions affecting the company's mixing process during March. Assume labor costs are accrued and not yet paid. (Record debits first, then credits. Exclude explanations from any journal entries.) Begin with the journal entry to record the assignment of direct materials to the Mixing Department. Do not record the assignment of direct labor or the allocation of manufacturing overhead with this entry. We will prepare those entries separately in the following steps. Debit Date Mar. 31 Accounts Credit Prepare the journal entry to record the assignment of direct labor to the Mixing Department. Assume labor costs are accrued and not yet paid. Date Mar. 31 Accounts Debit Credit Prepare the journal entry for the allocation of manufacturing overhead to the Mixing Department. Date Mar. 31 Accounts Debit Credit Prepare the journal entry to record the cost of the units completed and transferred out of the Mixing Department. Date Accounts Debit Credit Mar. 31