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Thanks! Requirements 1. Prepare a production cost report for the Mixing Department for March. The company uses the weighted-average method. 2. Journalize all transactions affecting
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Requirements 1. Prepare a production cost report for the Mixing Department for March. The company uses the weighted-average method. 2. Journalize all transactions affecting the company's mixing process during March. Assume labor costs are accrued and not yet paid. On March 1, the Mixing Department had 250 rolls of paper in process. During March, the Mixing Department completed the mixing process for those 250 rolls and also started and completed the mixing process for an additional 3,850 rolls of paper. The department started but did not finish the mixing process 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. Data table Begin with a summary joumal entry to record the assignment of drect maserials, direct labor, and the albcation debihs first, then credts. Exclude explanations trom ary joumal entries.) Neal Paper Ca produces the paper used by walpaper manufacturers. Nears four-stage process includes The Moing Department compled the following data for March: mixing. cooking. roling, and cutting. Click the icon to viow addifional information.) Read the recirements. Requirement 2. Joumalize all transactions affecting the company's mixing process durng March. Assume laber costs are accrued and not yet paid. debits fris then credts. Exclude explanations from any joumal entries.) Pregare the joumal entry to record the cost of the units completed and transterred out of the Mixing Department. Choose from any list or enter any number in the input fields and theri continue to the nextStep by Step Solution
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