1. Prepare a cost of production report for the Mixing Department 2. Determine the cost of goods sold indicate the number of units and unit costs). 3. Determine the finished goods inventory, May 31, 2010. 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 12000 $ 6.00 Direct labor $ $ $ 72,000 50,000 42,500 Factory overhead 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 1. Prepare a cost of production report for the Mixing Department 2. Determine the cost of goods sold indicate the number of units and unit costs). 3. Determine the finished goods inventory, May 31, 2010. 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 12000 $ 6.00 Direct labor $ $ $ 72,000 50,000 42,500 Factory overhead 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