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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 data

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 23,000
Units completed and transferred out 47,500
Units in process, April 30, 20% complete 7,500
Costs:
WIP, April 1 $ 80,600
Costs added during April 282,000

Required:

Prepare a production report for the cooking department. Round cost per equivalent unit value to the nearest cent and use rounded value in intermediate calculations.

Mino Inc.
Cooking Department Production Report
For the Month of April (Weighted Average Method)
Unit Information
Physical flow:
Units to account for: Units
Units in beginning work in process fill in the blank 1
Units started fill in the blank 2
Total units to account for fill in the blank 3
Units accounted for: Units
Units completed fill in the blank 4
Units in ending work in process fill in the blank 5
Total units accounted for fill in the blank 6
Equivalent units:
Units
Units completed fill in the blank 7
Units in ending work in process fill in the blank 8
Total equivalent units fill in the blank 9
Cost Information
Costs to account for:
Dollars
Costs in beginning work in process $fill in the blank 10
Costs added by department fill in the blank 11
Total costs to account for $fill in the blank 12
Cost per equivalent unit $fill in the blank 13
Costs accounted for:
Transferred Out Ending Work in Process Total
Goods transferred out $fill in the blank 14 $fill in the blank 15
Goods in ending work in process $fill in the blank 16 fill in the blank 17
Total costs accounted for $fill in the blank 18 $fill in the blank 19 $fill in the blank 20

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