QUESTION 4:

Energetics Inc. produces a protein drink and uses the weighted average method. The product is sold by the litre. The company has two departments: Mixing and Bottling. For July, the bottling department had 58,700 litres in beginning inventory (with transferred-in costs of $213,000) and completed 206,000 litres during the month. Further, the mixing department completed and transferred out 272,000 litres at a cost of $655,000 in July.

Required:

1. a physical flow schedule for the bottling department.

Physical flow schedule:
Units in beginning work in process		__________
Units started during the period		__________
Total units to account for		__________
Units completed and transferred out:
Units started and completed	__________
Units completed from beginning work in process	__________	__________
Units in ending work in process		__________
Total units accounted for		__________

2. Calculate equivalent units for the transferred-in category. If required, round your answer to the nearest unit. __________ equivalent units

3. Calculate the unit cost for the transferred-in category. If required, round your answer to the nearest cent. $__________per unit

QUESTION 5:

Bebida Inc. produces soft drinks. Mixing is the first department and its output is measured in gallons. Bebida uses the FIFO method. All manufacturing costs are added uniformly. For August, the mixing department provided the following information:

Production:
Units in process, August 1, 80% complete		24,000 gallons
Units completed and transferred out		132,000 gallons
Units in process, August 31, 75% complete		16,000 gallons
Costs:
Work in process, August 1		$20,800
Costs added during August		$301,000

Required:

a production report. Round all intermediate calculations and per unit amounts to the nearest cent. Round final answers to the nearest dollar or unit (except for per unit amounts should be rounded to the nearest cent).

Note: "Total costs to account for" and "Total costs accounted for" may be different due to rounding.

Bebida Inc. Mixing Department
Production Report
For the Month of August (FIFO Method)
Unit Information
Physical flow:
Units to account for:	Units
Units in beginning WIP	_________
Units started	_________
Total units to account for	_________
Units accounted for:
Units started and completed	_________
From beginning WIP	_________
Units in ending WIP	_________
Total units accounted for	_________
Equivalent units:
Started and completed	_________
To complete beginning WIP	_________
Units in ending WIP	_________
Total equivalent units	_________
Cost Information
Costs to account for:
	Dollars
Costs in beginning WIP	$_________
Costs added by department	_________
Total costs to account for	$_________
Cost per equivalent unit	$_________
Costs accounted for:
	Total
Transferred out:
Units started and completed	$_________
Units in beginning work in process:
From prior period	_________
From current period	_________
Total cost transferred out	$_________
Goods in ending work in process	_________
Total costs accounted for	$_________