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Production Report, Weighted Average

Mino Inc. manufactures chocolate syrup in three departments: Cooking, Mixing, and Bottling. Mino uses the weighted average method. The following are cost and production data for the cooking department for April (Note: Assume that units are measured in gallons):

Production:
Units in process, April 1, 60% complete	35,000
Units completed and transferred out	44,500
Units in process, April 30, 20% complete	9,000
Costs:
WIP, April 1	$ 85,600
Costs added during April	340,600

Required:

Prepare a production report for the cooking department. Round cost per equivalent unit value to the nearest cent and use rounded value in subsequent requirments.

Note: "Total costs to account for" and "Total costs accounted for" may be different due to rounding.

Cooking Department Production Report

For the Month of April

(Weighted Average Method)

Physical flow:	Number of Units
Units to account for:	Units
Units in beginning work in process	fill in the blank 1
Units started	fill in the blank 2
Total units to account for	fill in the blank 3
Units accounted for:	blank
Units completed	fill in the blank 4
Units in ending work in process	fill in the blank 5
Total units accounted for	fill in the blank 6

Equivalent units:	blank
Units completed	fill in the blank 7
Units in ending work in process	fill in the blank 8
Total equivalent units	fill in the blank 9

Costs to account for:	Dollars
Costs in beginning work in process	$fill in the blank 10
Costs added by department	fill in the blank 11
Total costs to account for	$fill in the blank 12
Cost per equivalent unit	$fill in the blank 13
Costs accounted for:
	Transferred Out	Ending Work in Process	Total
Goods transferred out	$fill in the blank 14		$fill in the blank 15
Goods in ending work in process		$fill in the blank 16	fill in the blank 17
Total costs accounted for	$fill in the blank 18