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Cost of Production Report Bavarian Chocolate Company processes chocolate into candy bars. The process begins by placing direct materials (raw chocolate, milk, and sugar) into
Cost of Production Report Bavarian Chocolate Company processes chocolate into candy bars. The process begins by placing direct materials (raw chocolate, milk, and sugar) into the Blending Department. All materials are placed into production at the begin of the blending process. After blending, the m k chocolate is then transferred to the Molding Department, where the milk chocolate is formed into candy bars. The following is a partial work. in process account of the Blending Department at October 31, 2014: ACCOUNT NO. ACCOUNT Work in Process Blending Department Balance Debit Credit Debit Credit oct. 1 Bal, 2,300 units, ascompleted 46,368 429,000 31 Direct materials 26,000 units 475,368 100,560 575,928 31 Direct labor 31 Factory overhead 48,480 624,408 31 Goods transferred, 25,700 units 31 Bal 2 units, completed Required: 1. Prepare a cost of production report, and identify the missing amounts for Work in Process-Blending Department. If an amount is zero enter "0". If required, round your cost per equivalent unit answers to he nearest cent
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