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CoursHeroTranscribedText: Lighthouse 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 concems production in the Papermaking Department for March. Account Work in Process-Papermaking Department Account No. Balance Data Item Debit Credit Debit Credit Mar. 1 Bal., 6,500 units, 10% completed 30,600 31 Direct materials, 45,300 units 90,600 121, 200 31 Direct labor 29,020 150,220 31 Factory overhead 16,331 166,551 31 Goods transferred, 50,600 units 31 Bal., 3,200 units, 20%% completed a1. Prepare the March journal entry for the Papermaking Department for the materials charged to production. Work in Process-Papermaking Department 90,600 Materials-Pulp a2. Prepare the March journal entry for the Papermaking Department for the conversion casts charged to production. If an amount box does not require an entry, leave it blank. Work in Process-Papermaking Department 45351 Wages Payable 29.020 Factory Overhead-Papermaking Department 16.331 a3. Prepare the March journal entry for the Papermaking Department for the completed production transferred to the Converting Department. If required, round your interim calculations to two decimal places and your final answer to the nearest dollar. Work in Process-Converting Department Work in Process-Papermaking Department 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 dollar

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