1. Prepare a cost of production report for the Mixing Department

Work in process - Mixing (May 1)	$ 60,000
1/4 completed	12000	0.25	$ 5.00
Finished goods (May 1)	$ 24,000
	4000
Charges to Work in Process - Mixing for May
Direct materials transferred from Baking
	$ 72,000	12000	$ 6.00
Direct labor	$ 50,000
Factory overhead	$ 42,500
Completed units in May	7000
Units sold in May	15000
Work in process - Mixing
1/2 completed	5000	0.5
Finished goods (May 31)	8000

The picture below is example and the way its suppose be formatted but use the information above.

Conversions Equivalent Units Units Whole Units Direct Materials Units charged to production: Inventory in process, May 1 8000 Received from Baking 10000 Total units accounted for by the Mixing Dep 18000 6000 6,000 Units to be assgined costs: Inventory in process, May 1 (25% completec Started and completed in May Transferred to finished goods in May Inventory in process, May 31 (50% complete Total units to be assigned costs 8000 6000 14000 4000 18000 12,000 6,000 6,000 4000 10,000 2000 14,000 Costs Conversions Direct Materials Total Costs Units costs: Total costs for May in Mixing Total equivalent units Cost per equivalent unit $50,000 10,000 $5.0000 56,000 14,000 $4.0000 Costs assigned to production: Inventory in process, May 1 Costs incurred in May Total costs accounted for by the Mixing Department $48,000 $106,000 $154,000 0 $ Cost allocated to completed and partially completed units: Inventory in process, May-balance To complete inventory in process, May 1 Cost of completed May work in process Started and completed in May Transferred to finished goods in May Inventory in process, May 31 Total costs asssigned by the Mixing Department $ 30,000 $ $ 24,000 $ $ 24,000 $ $ 8,000 $ $ 48,000 24,000 72,000 54,000 126,000 28,000 154,000 20,000 $