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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

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 Numerical Data
Production:
Units in process, April 1, 60% complete 50,000
Units completed and transferred out 125,000
Units in process, April 30, 20% complete 25,000
Costs:
WIP, April 1 $234,000
Costs added during April 786,500

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.

Unit Information
Physical flow:
Units to account for:
Units in beginning work in process fill in the blank
Units started fill in the blank
Total units to account for fill in the blank
Units accounted for:
Units completed fill in the blank
Units in ending work in process fill in the blank
Total units accounted for fill in the blank
Equivalent units:
Units completed fill in the blank
Units in ending work in process fill in the blank
Total equivalent units fill in the blank 9
Cost Information
Costs to account for:
Costs in beginning work in process fill in the blank
Costs added by department fill in the blank
Total costs to account for fill in the blank
Cost per equivalent unit fill in the blank
Costs accounted for: Transferred Out Ending Work in Process Total
Goods transferred out fill in the blank fill in the blank fill in the blank
Goods in ending work in process fill in the blank fill in the blank fill in the blank
Total costs accounted for fill in the blank fill in the blank fill in the blank

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