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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

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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 for the cooking department for April (Note: Assume that units are measured in gallons.): Production: Units in process, April 1, 60% complete 27,500 Units completed and transferred out 47,500 Units in process, April 30, 20% complete 7,500 Costs: WIP, April 1 $ 85,600 Costs added during April 399,500 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 27.500 7 Units started 20.000 X Mino Inc Cooking Department Production Report For the Month of April (Weighted Average Method) Unit Information Physical flow: Units to account for: Units in beginning work in process Units 27,500 > X Units started 20,000 X Total units to account for Units Units accounted for: Units completed Units in ending work in process Total units accounted for Equivalent units: Units Units completed Units in ending work in process Total equivalent units Cost Information Costs to account for: Dollars Costs in beginning work in process Units in ending work in process Total equivalent units Cost Information Costs to account for: Dollars Costs in beginning work in process Costs added by department Total costs to account for Cost per equivalent unit Costs accounted for: Ending Transferred Work in Out Process Total Goods transferred out Goods in ending work in process $ Total costs accounted for $

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