Tomar Company produces vitamin energy drinks. The Mixing Department, the first process department, mixes the ingredients required

Question:

Tomar Company produces vitamin energy drinks. The Mixing Department, the first process department, mixes the ingredients required for the drinks. The following data are for April:
Work in process, April 1 —
Quarts started ........... 90,000
Quarts transferred out ......... 75,000
Quarts in EWIP ......... 15,000
Direct materials cost ......... $ 84,000
Direct labor cost .........$168,000
Overhead applied .........$336,000
Direct materials are added throughout the process. is 60 percent complete with respect to direct labor and overhead.
Required:
1. Why would a manager want a production report?
2. Prepare a production report for the Mixing Department for April. Ending Inventory
The ending inventory is the amount of inventory that a business is required to present on its balance sheet. It can be calculated using the ending inventory formula Ending Inventory Formula =...