Cost of Production and Journal Entries Ughthouse Paper Company manufactures newsprint. The product is manufactured in two departments, Papermaking and Converting. Pulp is first placed into a vessel at the beginning of papermaking production. The following information concerns production in the Papermaking Department for March: a3. Prepare the March journal entry for the Papermaking Department for the completed production transferred to the Converting Department. If an amount box does not require an entry, leave it blank. If required, round your interim calculations to two decimal places and your final answer to the nearest dollar. b. Determine the Work in Process-Papermaking Department March 31 balance. If required, round your interim calculations to two decimal places and your final answer to the nearest doliar. Bavarian Chocolate Company processes chocolate into candy bars. The process begins by placing direct materiais (raw chocolate, milk, and sugar) into the Blending Department. Al materials are placed into production at the beginning of the blending process. After blending, the milk chocolate is then transferred to the Molding. Department, where the milk chocolate is formed into candy bars. The following is a partial work in process account of the Blending Department at October 31 : 1. Prepare a cost of production report and identify the missing amounts for Work in Process-Blending Department. If an amount box does not require an entry, leave blank. If required, round your cost per equivalent unit answers to the nearest cent. 2. Assuming that the October 1 work in process inventory includes direct materials of $38 , 295 , detemine the increase or decrease in the cost per equivalent unit for direct materials and conversion between September and October. If required, round your answers to two decimal places. Increase or Decrease Amount 2. Assuming that the October 1 work in process inventory includes direct materials of $38 , 295 , determine the increase or decrease in the cost per equivalent unit for lirect materials and conversion between September and October. If required, round your answers to two decimal places. Equivalent Units and Related Costs; Cost of Production Report; Entries Dover Chemical-Company manufactures specialty chemicals by a series of three processes, all materials being introduced in the Distilling Department. From the Distiling Department, the materials pass through the Reaction and filling departments, emerging as finished chemicals. The balance in the account Work in Process-Filling was as follows on January I: The following costs were charged to Work in Process - Filling during January: Direct materials transferred from Reaction During January, 47,300 units of specialty chemicals were completed. Work in Process-Filling Department on January 31 was 4,100 units, 30% completed. Required: 1. Prepare a cost of production report for the Filing Department for January. If an amount box does not require an entry, leave i.

1. Cost of Production and Journal Entries Ughthouse Paper Company manufactures newsprint. The
product is manufactured in two departments, Papermaking and Converting. Pulp is first placed
into a vessel at the beginning of papermaking production. The following information concerns
production in the Papermaking Department for March: a3. Prepare the March journal entry for
the Papermaking Department for the completed production transferred to the Converting
Department. If an amount box does not require an entry, leave it blank. If required, round your
interim calculations to two decimal places and your final answer to the nearest dollar. b.
Determine the Work in Process-Papermaking Department March 31 balance. If required, round
your interim calculations to two decimal places and your final answer to the nearest doliar.
Bavarian Chocolate Company processes chocolate into candy bars. The process begins by
placing direct materiais (raw chocolate, milk, and sugar) into the Blending Department. Al
materials are placed into production at the beginning of the blending process. After blending, the
milk chocolate is then transferred to the Molding. Department, where the milk chocolate is
formed into candy bars. The following is a partial work in process account of the Blending
Department at October 31 : 1. Prepare a cost of production report and identify the missing
amounts for Work in Process-Blending Department. If an amount box does not require an entry,
leave blank. If required, round your cost per equivalent unit answers to the nearest cent. 2.
Assuming that the October 1 work in process inventory includes direct materials of $38 , 295 ,
detemine the increase or decrease in the cost per equivalent unit for direct materials and
conversion between September and October. If required, round your answers to two decimal
places. Increase or Decrease Amount 2. Assuming that the October 1 work in process inventory
includes direct materials of $38 , 295 , determine the increase or decrease in the cost per
equivalent unit for lirect materials and conversion between September and October. If required,
round your answers to two decimal places. Equivalent Units and Related Costs; Cost of
Production Report; Entries Dover Chemical-Company manufactures specialty chemicals by a
series of three processes, all materials being introduced in the Distilling Department. From the
Distiling Department, the materials pass through the Reaction and filling departments, emerging
as finished chemicals. The balance in the account Work in Process-Filling was as follows on
January I: The following costs were charged to Work in Process - Filling during January: Direct
materials transferred from Reaction During January, 47,300 units of specialty chemicals were
completed. Work in Process-Filling Department on January 31 was 4,100 units, 30% completed.
Required: 1. Prepare a cost of production report for the Filing Department for January. If an
amount box does not require an entry, leave it blank. If required, round your cost per equivaient
unit answers to two decimal places. Dover Chemical Company Cost of Production Report-Filling
Department Direct Costs per equivalent unit: Total costs for January in Filling Department Total
equivalent units Cost per equivalent unit Costs charged to production: Inventory in process,
January 1 Costs incurred in January Total costs accounted for by the Filling Department Cost
allocated to completed and partially completed units: Inventory in process; January 1 balance To
complete inventory in process, January 1 Cost of completed January 1 work in process Started
and completed in January Transferred to finished goods in January Inventory in process, January
31 Total costs assigned by the Filling Department 3. Determine the increase or decrease in the
cost per equivalent unit from December to Janwary for direct materials and conversion costs. If
required, round your answers to two decimal places. 4. The cost of production report may be
used as the basis for allocating product costs between and - The report can also be used to control
costs by holding each department head responsible for the units entering production and the costs

2. incurred in the department. Any differences in unit: product costs from one month to another,
such as those in part (3), can be studied carefully and any significant differences investigated.