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desktop Calculator Cost of Production Report Venus Chocolate Company processes chocolate into candy bars. The process begins by placing direct materials (raw chocolate, milk, ang

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desktop Calculator Cost of Production Report Venus Chocolate Company processes chocolate into candy bars. The process begins by placing direct materials (raw chocolate, milk, ang sugar) into the Blending Department. All materials are placed into production at the beginning of the blending process. After blending, milk 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 March 31, 2016: ACCOUNT Work in Process-Blending Department ACCOUNT NO. Balance DateItem Debit Credit Debit Credit Mar. 1 Bal., 5,200 units, 4/5 completed 12,896 31 Direct materials, 208,000 units 436,800 449,696 31 Direct labor 82,600 532,296 31 Factory overhead 20,660 552,956 31 Goods transferred, 209,000 units 31 Bal., 2 units, 2/5 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". When computing cost per equivalent units, round to two decimal places Venus Chocolate Company DELL

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