arter's Cricket Farm in Albany, Georgia. Carter's raises about 18 million are sold to pet stores at $8.23 for a box of 1,000 crickets. Pet stores sell $0.10 each as live feed for reptiles. (Clic (Clic ti Is at bels ow m abels What m on in More info Raising crickets requires a two-step process: incubation and brooding. In the first process, incubation, employees place cricket eggs on mounds of peat moss to hatch. In the second process, employees move the newly hatched crickets into large boxes filled with cardboard dividers. Depending on the desired size, the crickets spend approximately two weeks in brooding before being shipped to pet stores. In the brooding process, Carter's crickets consume about 16 tons of food and produce 12 tons of manure. Park has invested $500,000 in the cricket farm, and he had hoped to earn a 46.8% annual rate of return, which works out to a 3.9% monthly return on his investment. After looking at the farm's bank balance, Park fears he is not achieving this return. To get more accurate information on the farm's performance, Park bought new accounting software that provides weighted-average process cost information. After Park input the data, the software provided the following reports. However, Park needs help interpreting these reports. Park does know that a unit of production is a box of 1,000 crickets. For example, in June's report, the 4,000 physical units of beginning work in process inventory are 4,000 boxes (each one of those boxes contains 1,000 immature crickets). The finished goods inventory is zero because the crickets ship out as soon as they reach the required size. Monthly operating expenses total $10,900 (in addition to the costs that follow). Print Done