The GenX Company produces an organic trail mix called FitMix. Its target customers are active people who are interested in fitness and the environment. GenX sells FitMix to wholesale distributors, who in turn sell it to retailers. FitMix is manufactured in a continuous, two-process operation (roasting and blending). In the first process (roasting department), GenX roasts, oils, and salts organically grown peanuts. These peanuts are then passed to the blending department, the second process. In the blending department, machines blend organic chocolate pieces and organic dried fruits with the peanuts from the first process. The blended mix is then inspected and packaged for delivery. In both departments, direct materials enter production at the beginning of the process, while conversion costs occur continuously throughout each department's processing. The data shows below. EXHIBIT 20.6 Roasting Department Production Cost Data $ 81,000 108,900 $189.900 GenX-Roasting Department: Production Cost Data (April) Beginning work in process inventory (March 31) Direct materials costs Conversion costs Costs during the current period (April) Direct materials costs Direct labor costs* Factory overhead costs applied (120% of direct labor)* Total production costs 279.000 171,000 205,200 655,200 $845,100 *Total conversion costs for the month equal $376,200 (= $171,000 + $ 205,200). Roasting department Beginning work in process inventory (units) Percentage completed-Materials Percentage completed-Conversion 30,000 100% 65% Units started this period Units transferred to blending this period 90,000 100,000 Ending work in process inventory (units) Percentage completed-Materials Percentage completed-Conversion 20,000 100% 25% $100,000 GenX-Cost Data for Month Ending April 30 Raw materials inventory (March 31) Beginning work in process inventories (March 31) Work in process-Roasting Work in process-Blending Materials purchased (on account) Materials requisitions during April Direct materials-Roasting Direct materials-Blending Indirect materials Factory payroll for April $189.900 151,688 $400,000 $279,000 102,000 71,250 Direct labor-Roasting $171,000 Direct labor-Blending 183.160 Indirect labor 78,350 Other actual overhead costs during April Insurance expense-Factory Utilities payable-Factory Depreciation expense-Factory equipment Other (paid in cash) $ 11,930 7,945 220,650 21.875 Required Complete the requirements below for roasting department. 1. Prepare physical flow reconciliation (Weighted Average method) for April. 2. Compute the equivalent units of production in April for direct materials and conversion (Weighted Average method). 3. Compute cost per equivalent unit of production in April for direct materials and conversion (Weighted Average method). 4. Prepare a report of costs accounted for and a report of costs to account for (Weighted Average method). 5. Beginning and ending inventory in Blending department are 151,688 and 155,700 in Arpil. Beginning and ending inventory in finished goods are 338,520 and 260,400 in April (Weighted Average method). Please Prepare summary journal entries to record the transactions and events of April for (a) raw materials purchases, (b) direct materials usage, (c) indirect materials usage, (d) direct labor usage, (e) indirect labor usage, (f) other overhead costs (g) application of overhead to the two departments, (h) transfer of partially completed goods from roasting to blending (i) transfer of finished goods out of blending and (j) the cost of goods sold. The GenX Company produces an organic trail mix called FitMix. Its target customers are active people who are interested in fitness and the environment. GenX sells FitMix to wholesale distributors, who in turn sell it to retailers. FitMix is manufactured in a continuous, two-process operation (roasting and blending). In the first process (roasting department), GenX roasts, oils, and salts organically grown peanuts. These peanuts are then passed to the blending department, the second process. In the blending department, machines blend organic chocolate pieces and organic dried fruits with the peanuts from the first process. The blended mix is then inspected and packaged for delivery. In both departments, direct materials enter production at the beginning of the process, while conversion costs occur continuously throughout each department's processing. The data shows below. EXHIBIT 20.6 Roasting Department Production Cost Data $ 81,000 108,900 $189.900 GenX-Roasting Department: Production Cost Data (April) Beginning work in process inventory (March 31) Direct materials costs Conversion costs Costs during the current period (April) Direct materials costs Direct labor costs* Factory overhead costs applied (120% of direct labor)* Total production costs 279.000 171,000 205,200 655,200 $845,100 *Total conversion costs for the month equal $376,200 (= $171,000 + $ 205,200). Roasting department Beginning work in process inventory (units) Percentage completed-Materials Percentage completed-Conversion 30,000 100% 65% Units started this period Units transferred to blending this period 90,000 100,000 Ending work in process inventory (units) Percentage completed-Materials Percentage completed-Conversion 20,000 100% 25% $100,000 GenX-Cost Data for Month Ending April 30 Raw materials inventory (March 31) Beginning work in process inventories (March 31) Work in process-Roasting Work in process-Blending Materials purchased (on account) Materials requisitions during April Direct materials-Roasting Direct materials-Blending Indirect materials Factory payroll for April $189.900 151,688 $400,000 $279,000 102,000 71,250 Direct labor-Roasting $171,000 Direct labor-Blending 183.160 Indirect labor 78,350 Other actual overhead costs during April Insurance expense-Factory Utilities payable-Factory Depreciation expense-Factory equipment Other (paid in cash) $ 11,930 7,945 220,650 21.875 Required Complete the requirements below for roasting department. 1. Prepare physical flow reconciliation (Weighted Average method) for April. 2. Compute the equivalent units of production in April for direct materials and conversion (Weighted Average method). 3. Compute cost per equivalent unit of production in April for direct materials and conversion (Weighted Average method). 4. Prepare a report of costs accounted for and a report of costs to account for (Weighted Average method). 5. Beginning and ending inventory in Blending department are 151,688 and 155,700 in Arpil. Beginning and ending inventory in finished goods are 338,520 and 260,400 in April (Weighted Average method). Please Prepare summary journal entries to record the transactions and events of April for (a) raw materials purchases, (b) direct materials usage, (c) indirect materials usage, (d) direct labor usage, (e) indirect labor usage, (f) other overhead costs (g) application of overhead to the two departments, (h) transfer of partially completed goods from roasting to blending (i) transfer of finished goods out of blending and (j) the cost of goods sold