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Lighthouse Paper Company manufactures newsprint.

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Instructions 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 concerns production in the Papermaking Department for March: ACCOUNT Work In Process-Papermaking Department BalanceDateItemDebitCreditDebitCreditMar.1Bal., 2,600 units, 35% completed9,15431Direct materials, 105,000 units339,200348,35431Direct labor40,200388,55431Factory overhead44,872433,42631Goods transferred, 103,900 units??31Bal., 3,700 units, 80% completed?Required: A.On March 31, prepare the following journal entries for the Papermaking Department:* 1.The materials charged to production. 2.The conversion costs charged to production. 3.The completed production transferred to the Converting Department. B. Determine the Work in Process—Papermaking Department March 31 balance.

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