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Sunspot Beverages, Ltd., of Fiji uses the weighted-average method in its process costing system. It makes blended tropic fruit drinks in two stages. Fruit
Sunspot Beverages, Ltd., of Fiji uses the weighted-average method in its process costing system. It makes blended tropic 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 operations of the Blending Department for June. Percent Completed Materials Conversion 55% 50% Units Work in process, beginning 120,000 Started into production 192,000 Completed and transferred out 182,000 Work in process, ending 130,000 60% 40% Work in process, beginning Cost added during June Materials Conversion. $ 13,500 $ 3,900 $ 145,100 $ 82,680 Required: 1. Calculate the Blending Department's equivalent units of production for materials and conversion in June. 2. Calculate the Blending Department's cost per equivalent unit for materials and conversion in June. 3. Calculate the Blending Department's cost of ending work in process inventory for materials, conversion, and in total for June. 4. Calculate the Blending Department's cost of units transferred out to the Bottling Department for materials, conversion, and in total for June. 5. Prepare a cost reconciliation report for the Blending Department for June.
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