How do you get the Unit Started & Total Units to account for? Pls include...
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How do you get the Unit Started & Total Units to account for? Pls include steps.
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 24,500 Units completed and transferred out 46,000 Units in process, April 30, 20% complete 6,000 Costs: WIP, April 1 $ 80,600 Costs added during April 207,320 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 24,500 Units started 40,000 Total units to account for 64,500 x Units accounted for: Units
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