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 batch 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 gallo containers Material is added at the beginning of production in cach cost center, and labor and overhead are added equally during production in cach 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 1,00 gallons 30% processed on October 31, Spoilage, if any, is not detected until the end of the process in each department. Normal spoilage is considered to be 15 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 Mixing/Packing department. Mixing/Packing completed and transferred 82.000 one gallon containers of the finished product to the distribution warehouse. 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 nearest 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 journal entries in proper form, to record the completed production for each department. Provide a brief explanation for each entry (3) KITCHENER FOODS, INC. COST INFORMATION FOR COST OF PRODUCTION REPORTS FOR MONTH OF OCTOBER Department Cooking Mixing/Packing Inventory Cost Flow Assumption FIFO Weighted Average Costs: Work in Process October Prior Department Costs $ OS 426 Direct Materials 996 114 Direct Labor 100 60 Manufacturing Overhead 80 48 Month of October Prior Department Costs 0 7 Direct Materials 39.600 15.276 Direct Labor 10.050 16.IO Manufacturing Overhead 8,040 12.00 (1) KITCHENER FOODS, INC COST OF PRODUCTION REPORT-COOKING DEPARTMENT FIFO METHOD FOR MONTH OF OCTOBER Physical Unit Equivalent lite Direct Cover Materials Units To Account Henning WIP Llits Started in Pied Total Units To Acer Units And For Units Completed During Period From Beginning WIP livestory Lite Sunted and Completed During Period Tocal Units Completed in Period Norma Spolage Ahmal Spa Units Ending WIP Total Units Accounted For KITCHENER FOODS, INC. COST OF PRODUCTION REPORT-COOKING DEPARTMENT FUO METHOD FOR MONTH OF OCTOBER Cats Tot Costs Dirt Materials Conveni Cests Costs Te Acc For Ileaning WIP Current Period Code Total Cost To Account For Divided By Equivalent Unit Cost Per Equivalent Limit Cost Accounted For: Cost of Units Complet Beim WIP To Complete Beginning WIP Units Started and Completed in Current Period Normal Space Tocal Cost of Units Complete and Transfered at Ahoral Spoile Ending WIP Total Cost Accounted For