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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

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 20,000

Units completed and transferred out 41,500

Units in process, April 30, 20% complete 7,500

Costs:

WIP, April 1$ 90,600

Costs added during April 253,400

  1. 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.
  2. Cooking Department Production ReportFor the Month of April(Weighted Average Method)
  3. Unit Information
  4. Physical flow:
  5. Units to account for:
  6. Units in beginning work in process _____
  7. Units started ____
  8. Total units to account for ____
  9. Units accounted for:
  10. Units completed ______
  11. Units in ending work in process _____
  12. Total units accounted for ______
  13. Equivalent units:
  14. Units completed ______
  15. Units in ending work in process _____
  16. Total equivalent units ______
  17. Cost Information
  18. Costs to account for:
  19. DollarsCosts in beginning work in process $______
  20. Costs added by department ________
  21. Total costs to account for$_______
  22. Cost per equivalent unit$_______
  23. Costs accounted for:
  24. Transferred Out Ending Work in Process Total
  25. Goods transferred out _________ _______
  26. Goods in ending work in process ___________________ ________
  27. Total costs accounted for _________ __________________ ________

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