Technicolor manufactures crayons in a three-step process: mixing, molding, and packaging. (Click the icon to view the additional information.) More info Beginning work-in-process 300 0 Started and completed 3,300 3,300 210 3,300 Transferred to Molding Department 3,600 3,300 3,510 500 500 200 Ending work-in-process 4,100 3,800 3,710 Total units accounted for At March 31, before recording the transfer of costs from the Mixing Department to the Molding Department, the Technicolor general ledger included the following account: (Click the icon to view the account.) Read the requirements. Requirements The Mixing Department combines the direct materials of paraffin wax and pigments. The heated mixture is pumped to the Molding Department, where it is poured into molds. After the molds cool, the crayons are removed from the molds and are transferred to the Packaging Department, where paper wrappers are added and the crayons are boxed. In the Mixing Department, the direct materials are added at the beginning of the process and the conversion costs are incurred evenly throughout the process. Work in process of the Mixing Department on March 1, 2018, consisted of 300 batches of crayons that were 30% of the way through the production process. The beginning balance in Work-in-Process Inventory-Mixing was $27,500, which consisted of $11,100 in direct materials costs and $16,400 conversion costs. During March, 3,800 batches were started in production. The Mixing Department transferred 3,600 batches to the Molding Department in March, and 500 were still in process on March 31. This ending inventory was 40% of the way through the mixing process. Technicolor uses FIFO process costing. 1. Prepare a production cost report for the Mixing Department for March. 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 Mixing Department during March, including the entries that have already been posted. Assume labor costs are accrued and not yet paid. Print Done COSTS Direct Materials Conversion Costs Total Costs Cost per Unit Costs to account for: Beginning work-in-process $ 11,100 $ Costs added during the period 22,800 16,400 $ 70,490 27,500 93,290 Total costs to account for $ 33,900 $ 86,890 $ 120,790 Data table Costs added during the period $ 22,800 $ Divided by: EUP this period 3,800 70,490 3,710 $ 6.00 $ 19.00 Cost per equivalent unit Costs accounted for: Beginning work-in-process Costs to complete beginning WIP Total costs for beginning WIP Started and completed Transferred to Mixing Department Ending work-in-process Total costs accounted for Work-in-Process Inventory-Mixing Balance, Mar. 1 27,500 0 27,500 Direct materials 22,800 0 3990 3990 Direct labor 30.150 0 3990 31490 Manufacturing overhead 40,340 Print Done - X