Required: Prepare a cost of production report in the table below for the Sifting Department for...

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Required: Prepare a cost of production report in the table below for the Sifting Department for May, using the weighted average method. Assume that direct materials are placed in process during production. i.e., the completion rates for DM and CC are the same. Blue Ribbon Flour Company Cost of Production Report-Sifting Department For the Month Ended May 31 Unit Information Units charged to production: Inventory in process, May 1 Received from Milling Department Total units to accunt for by the Sifting Department Units to be assigned costs: Transferred to Packaging Department in May Inventory in process, May 31 Total units to be assigned costs Cost Information Costs assigned to production: Inventory in process, May 1 Costs incurred in May Total costs accounted for by the Sifting Department Total equivalent units Cost per equivalent unit Costs allocated to completed units and EWIP units: Units Transferred to Packaging Department in May Inventory in process, May 31 Total costs assigned by the Sifting Department Whole or physical Units Equivalent Units Required: Prepare a cost of production report in the table below for the Sifting Department for May, using the weighted average method. Assume that direct materials are placed in process during production. i.e., the completion rates for DM and CC are the same. Blue Ribbon Flour Company Cost of Production Report-Sifting Department For the Month Ended May 31 Unit Information Units charged to production: Inventory in process, May 1 Received from Milling Department Total units to accunt for by the Sifting Department Units to be assigned costs: Transferred to Packaging Department in May Inventory in process, May 31 Total units to be assigned costs Cost Information Costs assigned to production: Inventory in process, May 1 Costs incurred in May Total costs accounted for by the Sifting Department Total equivalent units Cost per equivalent unit Costs allocated to completed units and EWIP units: Units Transferred to Packaging Department in May Inventory in process, May 31 Total costs assigned by the Sifting Department Whole or physical Units Equivalent Units