Question: i Data Table Direct Direct Manufacturing Total Materials Labor Overhead Allocated Costs Beginning inventory, Mar. 1 $ 550 $ 480 $ 160 $ 1,190 13,914



i Data Table Direct Direct Manufacturing Total Materials Labor Overhead Allocated Costs Beginning inventory, Mar. 1 $ 550 $ 480 $ 160 $ 1,190 13,914 Costs added during March 6,106 4,558 3,250 $ 6,656 $ 5,038 $ 3,410 $ 15,104 Total costs Print Done i More Info On March 1, the Mixing Department had 500 rolls of paper in process. During March, the Mixing Department completed the mixing process for those 500 rolls and also started and completed the mixing process for an additional 4,500 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. Neal Paper Co. produces the paper used by wallpaper manufacturers. Neal's four-stage process includes mixing, The Mixing Department compiled the following data for March: cooking, rolling, and cutting, (Click the icon to view the data.) (Click the icon to view additional information.) 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 500 units is 20% 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 answer boxes. 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.) Neal Paper, Co. Production Cost Report - Mixing Department Month Ended March 31 Equivalent Units Physical Direct Conversion UNITS Units Materials Costs Units to account for: Beginning work-in-process Started in production Total units to account for Units accounted for: Beginning work-in-process Started and completed Transferred to Cooking Neal Paper, Co. Production Cost Report - Mixing Department Month Ended March 31 Equivalent Units Physical Direct Conversion Units Materials Costs UNITS Units to account for: Beginning work-in-process Started in production Total units to account for Units accounted for: Beginning work-in-process Started and completed Transferred to Cooking Ending work-in-process Total units accounted for
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
