Production Report, Weighted Average

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

$12,000$

Costs:

WIP, April $1$

$$90,600$

Costs added during April

$$90,600$

Required:

$197,240$

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 in beginning work in process

Units started

Total units to account for

Units accounted for:

Units

Units

$4$ more Check My Work uses remaining.