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Requirement 1. Prepare a production cost report for the Mixing Department for March. The company uses the weighted-average method Requirement 2. Journalize all transactions affecting

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Requirement 1. Prepare a production cost report for the Mixing Department for

March. The company uses the weighted-average method

Requirement 2. Journalize all transactions affecting the company's mixing process in March

On March 1, the Mixing Department had 150 rolls of paper in process. During March, the Mixing Department completed the mixing process for those 150 rolls and also started and completed the mixing process for an additional 4,450 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. Beginning inventory, Mar. 1 Costs added during March Total costs Direct Direct Manufacturing Total Materials Labor Overhead Allocated Costs $ 420 $ 240 $ 240 $ 900 5,126 2, 110 3,520 10,756 $ 5,546 $ 2,350 $ 3,760 $ 11,656

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