Question
Selzik Company makes super - premium cake mixes that go through two processing departments, Blending and Packaging. The following activity was recorder in the Blending
Selzik Company makes super - premium cake mixes that go through two processing departments, Blending and Packaging. The following activity was recorder in the Blending Department during July, Production data: Units in process, July 1 (materials 100% complete: conversion 30% complete), 10,000.Units started into production 170,000. units complete and transferred to packaging ?, Units in process, July 31 (materials 100% complete; conversion 40% complete) 20,000. Cost data; Work in process inventory, July 1: material cost, $ 8,500. Conversion cost 4,900, cost added during the month: materials cost $ 139,400 and conversion cost 244,200 total Cost $ 397,000. I need to prepare a production report in weighted average method and FIFO method for the Blending department. Thanks.
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