Samson Paper Co. produces the paper used by wallpaper manufacturers. Samson'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 using the FIFO method. The Mixing Department beginning work in process of 400 units is 70% complete as to both direct materials and conversion costs. Round equivalent unit of production costs to four decimal places. Round all other costs to the nearest whole dollar. (Complete all input fields. Enter a "0" for any zero balances. Round equivalent unit of production costs to four decimal places. Round all other costs to the nearest whole dollar. Abbreviations used: EUP = equivalent units of production; WIP = work-in-process.) Samson Paper, Co. Production Cost Report - Mixing Department Month Ended March 31 Equivalent Units Physical Direct Conversion Units Materials Costs UNITS Units to account for: Total units to account for Units accounted for: Transferred to Cooking LI Total units accounted for Total Direct Materials Conversion Costs Cost per Unit Costs COSTS Costs to account for: Total costs to account for Total costs to account for IN Cost per equivalent unit Costs accounted for Total costs for beginning WIP Transferred to Cooking Transferred to Cooking 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 costs for direct materials and direct labor, and the allocation of manufacturing overhead to the Mixing Department. (Prepare a single compound journal entry Record debits first, then credits. Exclude explanations from journal entries.) Date Accounts Debit Credit Mar. 31 Prepare the journal entry to record the cost of the units transferred out of the Mixing Department Date Accounts Debit Credit Mar. 31 Question 8 of 8 This test 100 point(s) possible This question: 20 point(s) possible More info Data table 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. Direct Direct Manufacturing Total Materials Labor Overhead Allocated Costs $ 550 $ 490 $ 150 $ 1,190 4,996 3,330 3,080 11,406 Beginning inventory, Mar. 1 Costs added during March !! ......... Requirements $ 5,546 $ 3,820 $ 3,230 $ 12,596 Total costs Print Done 1. Prepare a production cost report for the Mixing Department for March using the FIFO method. The Mixing Department beginning work in process of 400 units is 70% complete as to both direct materials and conversion costs. Round equivalent unit of production costs to four decimal places. Round all other costs to the nearest whole dollar. 2. Journalize all transactions affecting the company's mixing process during March. Assume labor costs are accrued and not yet paid