Business, 10.03.2020 09:01 ava108

Production Report, Weighted Average Mino Inc. manufactures chocolate syrup in three departments: Cooking, Mixing, and Bottling. Mino uses the weighted average method. The following are cost and production data for the cooking department for April (Note: Assume that units are measured in gallons.): Production: Units in process, April 1, 60% complete 20,000 Units completed and transferred out 50,000 Units in process, April 30, 20% complete 10,000 Costs: WIP, April 1 $93,600 Costs added during April 314,600 Required: Prepare a production report for the cooking department. Round cost per equivalent unit value to the nearest cent and use rounded value in intermediate calculations. Mino Inc. Cooking Department Production Report For the Month of April (Weighted Average Method) Unit Information Physical flow: Units to account for: Units Units in beginning work in process Units started Total units to account for Units accounted for: Units Units completed Units in ending work in process Total units accounted for Equivalent units: Units Units completed Units in ending work in process Total equivalent units Cost Information

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Production Report, Weighted Average Mino Inc. manufactures chocolate syrup in three departments: Coo...

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