Softkin Company manufactures sun protection lotion. The Mixing Department, the first process department, mixes the chemicals required for the repellant. The following data are for the current year:
Work in process, January 1 —
Gallons started ........ 450,000
Gallons transferred out........ 378,000
Direct materials cost ........ $ 900,000
Direct labor cost ........$1,785,600
Overhead applied ........$2,678,400
Direct materials are added at the beginning of the process. Ending inventory is 95 percent complete with respect to direct labor and overhead.
Required:
Prepare a production report for the Mixing Department for the current year.