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Read the requirements quirement 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 = equival production.) Samson Paper, Co. - X X O Data Table Production Cost Report-Mixing Department Month Ended March 31 Manufacturing Overhead Allocated Equivalent Units Direct Materials Total Direct Labor Costs Physical Direct Conversion HITS Beginning inventory, Mar. 1 360 $ 430 $ 210 $ 1,000 Units Materials Costs 5,140 2,540 3,640 11,320 mi ts to account for. Costs added during March 5,500 $ 2,970 $ 3,850 $ 12,320 Total costs tal units to account for Print Done mits accounted for O More Info - X tal units accounted for 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 4,100 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. Direct Conversion Total OSTS Costs Materials Costs sts to account for tal costs to account for Print Done

Read the requirements quirement 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 = equival production.) Samson Paper, Co. - X X O Data Table Production Cost Report-Mixing Department Month Ended March 31 Manufacturing Overhead Allocated Equivalent Units Direct Materials Total Direct Labor Costs Physical Direct Conversion HITS Beginning inventory, Mar. 1 360 $ 430 $ 210 $ 1,000 Units Materials Costs 5,140 2,540 3,640 11,320 mi ts to account for. Costs added during March 5,500 $ 2,970 $ 3,850 $ 12,320 Total costs tal units to account for Print Done mits accounted for O More Info - X tal units accounted for 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 4,100 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. Direct Conversion Total OSTS Costs Materials Costs sts to account for tal costs to account for Print Done

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Samson Paper Co. produces the paper used by wallpaper manufacturers. Samson'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: E (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.) Samson Paper, Co. - X Data Table Production Cost Report-Mixing Department Month Ended March 31 Direct Materials Equivalent Units Direct Labor Manufacturing Total Costs Overhead Allocated Physical Direct Conversion Beginning inventory, Mar. 1 360 $ 430 $ 210 $ 1,000 UNITS Units Materials Costs 5,140 2,540 3,640 11,320 Units to account for: Costs added during March $ 5,500 $ 2,970 $ 3,850 $ 12,320 Total costs Total units to account for Print Done Units accounted for: - X More Info Total units accounted for 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 Direct Conversion Total and also started and completed the mixing process for an additional 4,100 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. COSTS Materials Costs Costs Costs to account for: Total costs to account for Print Done
Transcribed Image Text:Samson Paper Co. produces the paper used by wallpaper manufacturers. Samson'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: E (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.) Samson Paper, Co. - X Data Table Production Cost Report-Mixing Department Month Ended March 31 Direct Materials Equivalent Units Direct Labor Manufacturing Total Costs Overhead Allocated Physical Direct Conversion Beginning inventory, Mar. 1 360 $ 430 $ 210 $ 1,000 UNITS Units Materials Costs 5,140 2,540 3,640 11,320 Units to account for: Costs added during March $ 5,500 $ 2,970 $ 3,850 $ 12,320 Total costs Total units to account for Print Done Units accounted for: - X More Info Total units accounted for 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 Direct Conversion Total and also started and completed the mixing process for an additional 4,100 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. COSTS Materials Costs Costs Costs to account for: Total costs to account for Print Done
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