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 21,500 49,000 Units completed and transferred out Units in process, April 30, 20% complete 10,500 Costs: WIP, April 1 $ 95,600 Costs added during April 287,650 Ranuired. Weighted Average Method, Unit Costs, Valuing Inventories Byford Inc. produces a product that passes through two processes. During November, equivalent units were calculated using the weighted average method: Units completed 210,000 Add: Units in EWIP X Fraction complete: (64,000 X 50%) Equivalent units of output (weighted average) 32,000 242,000 Less: Units in BWIP X Fraction complete: (50,000 X 60%) 30,000 Equivalent units of output (FIFO) 212,000 The costs that Byford had to account for during the month of November were as follows: Beginning work in process $109,000 Costs added 1,076,800 Total $1,185,800