Question

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% complete23,000 units completed and transferred out46,000 units in process, april 30, 20% complete10,500 costs: wip, april 1$ 95,600 costs added during april255,530 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:number of units units to account for:units units in beginning work in processfill in the blank 1 23,000 units startedfill in the blank 2 13,800 total units to account forfill in the blank 3 units accounted for:units units completedfill in the blank 4 46,000 units in ending work in processfill in the blank 5 10,500 total units accounted forfill in the blank 6 56,500 equivalent units:units units completedfill in the blank 7 units in ending work in processfill in the blank 8 total equivalent unitsfill in the blank 9 cost information costs to account for:dollars costs in beginning work in process$fill in the blank 10 costs added by departmentfill in the blank 11 total costs to account for$fill in the blank 12 cost per equivalent unit$fill in the blank 13 costs accounted for: transferred outending work in processtotal goods transferred out$fill in the blank 14 $fill in the blank 15 goods in ending work in process$fill in the blank 16 fill in the blank 17 total costs accounted for$fill in the blank 18 $fill in the blank 19 $fill in the blank 20

Answer 1

The student is seeking a production report for the cooking department of Mino Inc. The report should include unit information, cost information, and equivalent units. Based on the given data, the production report can be filled out accordingly.

Step-by-step explanation:

The student is asking for a production report for the cooking department of Mino Inc. The report should include unit information, cost information, and equivalent units. Based on the given data, the following information can be filled in:

1. Units in beginning work in process: 23,000
2. Units started: 13,800
3. Total units to account for: 56,500
4. Units completed: 46,000
5. Units in ending work in process: 10,500
6. Total units accounted for: 56,500
7. Equivalent units completed: 46,000
8. Equivalent units in ending work in process: 4,200
9. Total equivalent units: 50,200
10. Cost in beginning work in process: $95,600
11. Costs added by department: $255,530
12. Total costs to account for: $351,130
13. Cost per equivalent unit: $7.00
14. Goods transferred out: $322,000
15. Goods in ending work in process: $29,130
16. Total costs accounted for: $351,130