Birch Paper Co. produces the paper used by wallpaper The Mixing Department compiled the following data for manufacturers. Birch's four-stage process includes mixing, cooking, rolling, and cutting. 1 (Click the icon to view additional information.) March: |(Click the icon to view the data.) Read the requirements. Units accounted for: Completed and transferred out 5,000 5,000 5,000 Ending work-in-process 500 100 100 5,500 5,100 5,100 Total units accounted for Direct Conversion Total COSTS Materials Costs Costs Costs to account for: Total costs to account for Cost per equivalent unit
Process Costing
Process costing is a sort of operation costing which is employed to determine the value of a product at each process or stage of producing process, applicable where goods produced from a series of continuous operations or procedure.
Job Costing
Job costing is adhesive costs of each and every job involved in the production processes. It is an accounting measure. It is a method which determines the cost of specific jobs, which are performed according to the consumer’s specifications. Job costing is possible only in businesses where the production is done as per the customer’s requirement. For example, some customers order to manufacture furniture as per their needs.
ABC Costing
Cost Accounting is a form of managerial accounting that helps the company in assessing the total variable cost so as to compute the cost of production. Cost accounting is generally used by the management so as to ensure better decision-making. In comparison to financial accounting, cost accounting has to follow a set standard ad can be used flexibly by the management as per their needs. The types of Cost Accounting include – Lean Accounting, Standard Costing, Marginal Costing and Activity Based Costing.
![Birch Paper Co. produces paper used by wallpaper manufacturers. Birch's four-stage process includes mixing, cooking, rolling, and cutting.
### Mixing Department Data for March
#### Units Accounted For:
- **Completed and Transferred Out:**
- Units: 5,000
- Direct Materials: 5,000
- Conversion Costs: 5,000
- **Ending Work-in-Process:**
- Units: 500
- Direct Materials: 100
- Conversion Costs: 100
- **Total Units Accounted For:**
- Units: 5,500
- Direct Materials: 5,100
- Conversion Costs: 5,100
#### Costs
- **Direct Materials**
- **Conversion Costs**
- **Total Costs**
- **Costs to Account For:**
- Direct Materials: [Blank]
- Conversion Costs: [Blank]
- Total Costs: [Blank]
- **Total Costs to Account For:**
- Direct Materials: [Blank]
- Conversion Costs: [Blank]
- Total Costs: [Blank]
- **Cost per Equivalent Unit:**
- Direct Materials: [Blank]
- Conversion Costs: [Blank]
- Total Costs: [Blank]
This table illustrates the production and cost accounting for Birch Paper Co.'s Mixing Department in March, providing detailed insights into units processed and costs incurred.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F65f58403-e688-4181-957b-d92cb2a7a651%2Fbfe8152b-6dfb-4e63-8c0f-36b1cd741dbb%2F12pyez_processed.png&w=3840&q=75)

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