(1) What is a Cost of Production Report and how does it help managers in the decision-making process?

(2) The costs of energy consumed in producing good units in the Bottling Department were $39,442 and $41,616 for August and September, respectively. The number of equivalent units produced in August and September were 53,300 ounces, and 57,800 ounces, respectively. Evaluate the change in the cost of energy between the two months. Round all answers to the nearest whole cent. What does this change tell us about the Departments efficiency?

(3) Please explain what Yield is within the context of Chapter 20 and how it is calculated. For example, what would be the yield if 950 tons of aluminum were rolled from 1,000 tons of ingot? If yield is less than 100%, what possible explanations could account for that?