Birch Paper Co. produces the paper used by wallpaper manufacturers. Birch's four-stage process includes mixing, cooking, rolling, and cutting. A (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. The company uses the weighted-average method. (Round all cost per unit amounts to the nearest cent and all other amounts to the nearest whole dollar. Abbreviation used: EUP = equivalent units of production.) Birch Paper, Co. Production Cost Report-Mixing Department Month Ended March 31 Equivalent Units Physical Direct Conversion UNITS Units Materials Costs Units to account for: Total units account for Units accounted for: Total units accounted for

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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On March​1, the Mixing Department had 200 rolls of paper in process. During March​, the Mixing Department completed the mixing process for those 200 rolls and also started and completed the mixing process for an additional 4,800 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.
**Transcript for Educational Website**

**Birch Paper Co.** produces the paper used by wallpaper manufacturers. Birch's four-stage process includes mixing, cooking, rolling, and cutting. The Mixing Department compiled the following data for March:

**Requirement 1:** Prepare a production cost report for the Mixing Department for March. The company uses the weighted-average method. (Round all cost per unit amounts to the nearest cent and all other amounts to the nearest whole dollar. Abbreviation used: EUP = equivalent units of production.)

---

**Birch Paper Co.**  
**Production Cost Report - Mixing Department**  
**Month Ended March 31**

| **UNITS**                      | **Equivalent Units**              |
|--------------------------------|-----------------------------------|
|                                | **Physical Units**  | **Direct Materials** | **Conversion Costs** |
| Units to account for:          |                     |                     |                      |
| (field for input)              |                     |                     |                      |
| (field for input)              |                     |                     |                      |
| **Total units to account for:**|                     |                     |                      |
|                                |                     |                     |                      |
| Units accounted for:           |                     |                     |                      |
| (field for input)              |                     |                     |                      |
| (field for input)              |                     |                     |                      |
| **Total units accounted for:** |                     |                     |                      |

---

In this report, users are to input various data points related to physical units, direct materials, and conversion costs. Each data box corresponds to specific unit metrics involved in the production process. The table is designed to align the initial and final accounting for units, ensuring comprehensive documentation of production activity for the month.
Transcribed Image Text:**Transcript for Educational Website** **Birch Paper Co.** produces the paper used by wallpaper manufacturers. Birch's four-stage process includes mixing, cooking, rolling, and cutting. The Mixing Department compiled the following data for March: **Requirement 1:** Prepare a production cost report for the Mixing Department for March. The company uses the weighted-average method. (Round all cost per unit amounts to the nearest cent and all other amounts to the nearest whole dollar. Abbreviation used: EUP = equivalent units of production.) --- **Birch Paper Co.** **Production Cost Report - Mixing Department** **Month Ended March 31** | **UNITS** | **Equivalent Units** | |--------------------------------|-----------------------------------| | | **Physical Units** | **Direct Materials** | **Conversion Costs** | | Units to account for: | | | | | (field for input) | | | | | (field for input) | | | | | **Total units to account for:**| | | | | | | | | | Units accounted for: | | | | | (field for input) | | | | | (field for input) | | | | | **Total units accounted for:** | | | | --- In this report, users are to input various data points related to physical units, direct materials, and conversion costs. Each data box corresponds to specific unit metrics involved in the production process. The table is designed to align the initial and final accounting for units, ensuring comprehensive documentation of production activity for the month.
**Data Table Overview**

This table provides a breakdown of costs associated with materials, labor, and manufacturing overhead. It is divided into three categories: Direct Materials, Direct Labor, and Manufacturing Overhead Allocated, with a column for Total Costs. Each category includes costs from the beginning inventory, costs added during the month, and total costs.

**Breakdown:**

1. **Beginning Inventory (March 1):**
   - **Direct Materials:** $550
   - **Direct Labor:** $575
   - **Manufacturing Overhead Allocated:** $170
   - **Total Costs:** $1,295

2. **Costs Added During March:**
   - **Direct Materials:** $5,366
   - **Direct Labor:** $3,545
   - **Manufacturing Overhead Allocated:** $3,360
   - **Total Costs:** $12,271

3. **Total Costs:**
   - **Direct Materials:** $5,916
   - **Direct Labor:** $4,120
   - **Manufacturing Overhead Allocated:** $3,530
   - **Total Costs:** $13,566

The table visually aligns costs in each category with their respective totals, providing a clear overview of expenses involved in the production process.
Transcribed Image Text:**Data Table Overview** This table provides a breakdown of costs associated with materials, labor, and manufacturing overhead. It is divided into three categories: Direct Materials, Direct Labor, and Manufacturing Overhead Allocated, with a column for Total Costs. Each category includes costs from the beginning inventory, costs added during the month, and total costs. **Breakdown:** 1. **Beginning Inventory (March 1):** - **Direct Materials:** $550 - **Direct Labor:** $575 - **Manufacturing Overhead Allocated:** $170 - **Total Costs:** $1,295 2. **Costs Added During March:** - **Direct Materials:** $5,366 - **Direct Labor:** $3,545 - **Manufacturing Overhead Allocated:** $3,360 - **Total Costs:** $12,271 3. **Total Costs:** - **Direct Materials:** $5,916 - **Direct Labor:** $4,120 - **Manufacturing Overhead Allocated:** $3,530 - **Total Costs:** $13,566 The table visually aligns costs in each category with their respective totals, providing a clear overview of expenses involved in the production process.
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