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Production Report, Weighted Average Mino Inc. manufactures chocolate syrup in three departments: Cooking, Moxing, and Bottling. Mino uses the weighted average method. The following

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Production Report, Weighted Average Mino Inc. manufactures chocolate syrup in three departments: Cooking, Moxing, 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 33,500 46,000 Units in process, April 30, 20% complete 12,000 Costs: WIP, April 1 Costs added during April Required: $90,600 180,440 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) Physical flow: Unit Information Units to account for: Units in beginning work in process Units started Total units to account for Units accounted for: Units completed Units Units Previous Next >

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