Hello, I seem to be having difficulty with preparing a production cost report for this practice problem. Any help would be great!! Excel 8.2 states to round all calculations to 2 decimal places. I suggest you round the cost per equivalent unit to at least 4 decimal places to help you balance your report. 'Total costs to account for' should equal 'Total costs accounted for'. The last line in Excel 8.2 has a typo; it should read "Total costs accounted for".

Process Costing Cunningham's Pop produces bottled cola and uses a process cost system. Cunningham's has two processes, Mixing and Bottling. At the end of February, Cunningham's compiled the following information for the Mixing Department: Cost of beginning work in process: Direct materials Conversion costs Costs incurred during the period: Direct materials Conversion costs Direct labor Factory overhead $ 61,521 110,779 $ Unit information: Beginning work in process inventory Units started during the period Units completed and transferred out 188,303 116,294 52,569 26,910 70,720 62,288 Units completed and transferred out: Materials are added at the beginning of the process Conversion cost % complete Required: Prepare a production cost report for the Mixing Department for the month of February. (Round all calculations to two decimal places) 62% Use the are (*Note: Your instruc Cunningham's Pop Production Cost Report - Mixing Department For the month ending February 28, 2017 Costs charged to Production Cost of beginning work in process: Costs incurred during the period Total costs to account for Unit information: Units to account for: Units accounted for: Total units to account for Total units accounted for Equivalent units of production (EUP) Direct materials Conversion costs Equivalent units completed and transferred out Ending work in process inventory Equivalent units of production Cost per equivalent unit of production Direct materials Cost of beginning work in process Costs incurred during the period Total costs Equivalent units of production Cost per equivalent unit Cost assignment and reconciliation Costs of units completed and transferred out Costs of units completed this period Conversion costs Costs of ending inventory Cost of ending work in process inventory Total costs to account for Use the area below to show your work and calculations. (*Note: Your instructor may use this area to help review and resolve any incorrect answers) partment , 2017 counted for: ts accounted for calculations. ny incorrect answers) 0.615703