ested this page and blocked content that comes from potentially dangerous or suspicious sites. Allow this content only ou're sure it comes from safe sites Cost of Production Report Venus 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 beginning of the blending process. After blending, the 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 Date Ite Debit Credit Debit Credit 1 Bal., 5,000 units, 3/5 completed 31 Direct materials, 200,000 units 31 Direct labor 31 Factory overhead 31 Goods transferred, 201,000 units 31 Bal., 2 units, 1/5 completed 14,900 534,900 646,200 674,060 Mar. 520,000 111,300 27,860 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 "O". When computing cost per equivalent units, round to two decimal places. Venus Chocolate Company Cost of Production Report-Blending Department For the Month Ended March 31, 2016 25 PME ested this page and blocked content that comes from potentially dangerous or suspicious sites. Allow this content only ou're sure it comes from safe sites Cost of Production Report Venus 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 beginning of the blending process. After blending, the 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 Date Ite Debit Credit Debit Credit 1 Bal., 5,000 units, 3/5 completed 31 Direct materials, 200,000 units 31 Direct labor 31 Factory overhead 31 Goods transferred, 201,000 units 31 Bal., 2 units, 1/5 completed 14,900 534,900 646,200 674,060 Mar. 520,000 111,300 27,860 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 "O". When computing cost per equivalent units, round to two decimal places. Venus Chocolate Company Cost of Production Report-Blending Department For the Month Ended March 31, 2016 25 PME