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Smith Paper Co. produces the paper used by wallpaper manufacturers. Smith's four-stage process includes mixing, cooking, rolling, and cutting. During March, the Mixing Department
Smith Paper Co. produces the paper used by wallpaper manufacturers. Smith's four-stage process includes mixing, cooking, rolling, and cutting. During March, the Mixing Department started and completed mixing for 4,420 rolls of paper. The department started but did not finish the mixing for an additional 600 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. x Requirement 1. Prepare a production cost report for the Mixing Department for March. (Complete all answer and all other amounts to the nearest whole dollar. Abbreviation used: EUP equivalent units of production.) Smith Paper, Co. Production Cost Report-Mixing Department Month Ended March 31 UNITS Units to account for Beginning work-in-process Started in production Total units to account for Equivalent Units Whole Units Transferred In Direct Materials Conversion Costs Units accounted for Completed and transferred out na Ending work-in-process na na Total units accounted for Got more boln Data table Work-in-Process Inventory-Mixing Bal. March 1 Direct materials Direct labor 5,675 570 Manufacturing overhead 6,240 Print Done 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
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