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Mino Inc. manufactures chocolate syrup in three departments: Cooking, Mixing, and Bottling. Mino uses the weighted average method. The following are cost and production
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 Units completed and transferred out Units in process, April 30, 20% complete Costs: WIP, April 11 Costs added during April Required: 20,000 49,000 10,500 $ 90,600 348,860 Prepare a production report for the cooking department. Round cost per equivalent unit value to the nearest cent and use rounded value in intermediate calculationm Mino Inc. Cooking Department Production Report For the Month of April (Weighted Average Method) Physical flow: Units to account for: Unit Information Units in beginning work in process Units started Total units to account for Units 000
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