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Sunspot Beverages, Ltd. of Fiji makes blended tropical fruit drinks in two stages. Fruit juices are extracted from fresh fruits and then blended in the
Sunspot Beverages, Ltd. of Fiji makes blended tropical fruit drinks in two stages. Fruit juices are extracted from fresh fruits and then blended in the blending department. The blended juices are then bottled and packed for shipping in the bottling department. The following information pertains to the operations of the blending department for June. (The currency in Fiji is the Fijian dollar [FJ$].)
Percentage Completed | ||||||||||
Units | Materials | Conversion | ||||||||
Work in process, beginning | 18,000 | 100 | % | 75 | % | |||||
Started into production | 176,000 | |||||||||
Completed and transferred out | 154,000 | |||||||||
Work in process, ending | 40,000 | 100 | % | 25 | % | |||||
Materials | Conversion | |||||
Work in process, beginning | FJ$ | 25,100 | FJ$ | 25,300 | ||
Cost added during June | 285,300 | 187,900 | ||||
Required: Prepare a production report for the blending department for June assuming that the company uses the weighted average method. (Round "Cost per equivalent unit" to 2 decimal places and the rest to the nearest dollar amount.) Quantity Schedule and Equivalent Units Quantity Schedule Units to be accounted for: Total units 0 Equivalent Units (EU) Materials Conversion Units Units accounted for as follows: Total units and equivalent units of production 0 0 0 Costs per Equivalent Unit Materials Conversion Costs per equivalent unit Cost Reconciliation Equivalent Units (EU) Materials Conversion Total Cost Cost accounted for as follows: Work in process, June 30: Total work in process 0 Total cost $ 0
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