Kitchener Foods, Inc. produces a chemical agent for commercial use. The company accounts for production in two cost centers Cooking and Mixing/Packing. In the first cost center. Cooking, liquid substances are combined in large cookers and boiled. After the balch is cooked, it is transferred to Mixing Packing, the second cost center, where a quantity of alcohol equal to the liquid measure of the batch is added. Following this, the batch is mixed and bottled in one gallon containers Material is added at the beginning of production in each cost center, and labor and overhead are adided equally during production in each cost center. The FIFO method is used in the Cooking Department and the weighted average cost method is used in the Mixing Packing Department Inventory and production records show that Cooking had 1.000 gallons, 40% processed on October 1, and 800 gallons, 50% processed on October 31. Mixing Packing had 600 gallons, 50% processed on October 1, and 1.000 gallons processed on October 3. Spoilage, if any, is not detected until the end of the process in each department. Normal spoilage is considered to be 18 of the total gallons in work in process during the period. Production reports for October show that Cooking started 42.000 gallons into production and transferred out 41.500 gallons to the MiningPking department. Mixing/Packing completed and transferred 82.000 one gallon containers of the finished product to the distribution warchouse. The cost information for the month of October is attached. REQUIRED: (1) Using the attached forms, prepare a cost of production report for the Cooking Department for the month of October. Round costs per equivalent unit to four decimal places and all other dollar amounts to the carest whole dollar Using the attached forms, prepare a cost of production report for the Mixing/Packing Department for the month of October. Round costs per equivalent unit to five decimal places and all other dollar amounts to the nearest whole dollar Prepare the required general joumal entries, in proper form, to record the completed production for each department. Provide a brief explanation for each entry KITCHENER FOODS, INC. COST INFORMATION FOR COST OF PRODUCTION REPORTS FOR MONTH OF OCTOBER Department Cooking Mixing/Packing Inventory Cost Flow Assumption FURO Weighted Average Costs: Work in Process, October 1: Prior Department Costs $ 0$ Direct Materials 96 114 Direct Labor 100 60 Manufacturing Overhead 48 Month of October Prior Department Costs 0 Direct Materials 39,000 15,276 Direct Labor 10,080 16,000 Manufacturing Overhead 8,040 12.800 NO 411 CINEK PO NE COST OF PRODUCTION REPORT-COOLING DEPARTMENT VIROMETHOD FOR MONTH OF OCTOBER C M the Te Accent USD Total To Ano wie do Lian Cid During met Being WP Sed strated and tatt pkari Duries are Naglage AS this Web Tuta Acceder KITCRNIR POGOS, NC COST OF PRODUCTION POST-COOLING DEPARTMENT FIFOTOD POR MONTH OCTOBER Tute ht C C tanTS Acam BWP Cum Tatalans To Ace Dessed By Breas artual ara CA Cool Collel B WIP To Celeste Beim WIP Ut Stedelis Cid Na Sp Totalmente du WP Tuale KIINA TOGO, INC CENT OF PRODUCTION ET MONINGACKING DEPARTMENT WEIGHTED AVERAGE METRO FOR MONTH OCTOX wi C M To
