Question: Prepare a production cost report using the weighted average method Steps to Preparing a Production Cost Report 1. Determine the number of units to account

Prepare a production cost report using the weighted average method Steps to Preparing a Production Cost Report 1. Determine the number of units to account for Beginning WIP Started in production 2. Determine the number of units accounted for in terms of EUP Units Completed Ending WIP 3. Compute the costs to account for per EUP Beginning WIP Started in production 4. Compute the costs accounted for Units Completed Ending WIP Please see the spreadsheet for example. Assignment 5 Production Cost Report Due Date: April 14, 2023 Frozen Delight has two manufacturing departments: Mixing and Packaging. The manufacturing data for the Mixing Department for July 2022 are as follows: Work in process inventory, July 1, 5,000 gallons Direct Materials Cost Conversion Costs $ 4,200 2,000 During July 60,000 units were started Direct materials cost incurred in July 66,000 Direct labor cost incurred in July 10,500 Factory overhead applied in July 6,405 Total production costs to account for $89,105 Number of units transferred to Packaging in July, 62,000 gallons Work in process inventory, July 31, 3,000 gallons, 100% completed as to direct materials cost, 25% completed as to conversion costs. Prepare the production cost report using the weighted average method

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