Production Report, Weighted Average

Cochabamba Inc. manufactures chocolate syrup in three departments: Cooking, Mixing, and Bottling. Cochabamba 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.):

Line Item Description	Amount
Production:
Units in process, April 1, 60% complete	29,000
Units completed and transferred out	44,500
Units in process, April 30, 20% complete	12,000
Costs:
WIP, April 1	$ 95,600
Costs added during April	321,810

Required:

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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.

Cochabamba Cooking Department Production Report For the Month of April (Weighted Average Method)

Unit Information
Physical flow:
Units to account for:	Units	Units	Units
Units in beginning work in process
Units started
Total units to account for

Units accounted for:	Units	Units	Units
Units completed
Units in ending work in process
Total units accounted for

Equivalent units:	Units	Units	Units
Units completed
Units in ending work in process
Total equivalent units

Cost Information
Costs to account for:	Amount	Amount	Amount
Costs in beginning work in process
Costs added by department
Total costs to account for
Cost per equivalent unit

Costs accounted for:	Transferred Out	Ending Work in Process	Total
Goods transferred out
Goods in ending work in process
Total costs accounted for