Refer to the Business in Action box titled “The Production Process for Wrigley’s Gum.”

Required

a. What type of costing system does Wrigley use? Explain.

b. What is the purpose of preparing a production cost report? What information results from preparing a production cost report for Wrigley’s packaging department?

c. Based on the information provided, what is the minimum number of production cost reports that Wrigley prepares each reporting period? Explain.