PROBLEM $4-18$ Interpreting a Report$-$Weighted$-$Average Method $$ LO$4-2,$ LO$4-3,$ LO$4-4$

Cooperative San Jose of southern Sonora state in Mexico makes a unique syrup using cane sugar and local herbs. The syrup is sold in small bottles and is prized as a flavoring for drinks and for use in desserts. The bottles are sold for $$12$ each. The first stage in the production process is carried out in the Mixing Department, which removes foreign matter from the raw materials and mixes them in the proper proportions in large ${?}^t$ vats. The company uses the weighted$-$average method in its process costing system.

A hastily prepared report for the Mixing Department for April appears below:

$\backslash$table$[[$Units to be accounted for:,$],[$Work in process, April $1($materials $90\%$ complete;,$],[,$ conversion $80\%$ complete$),30,000],[$Started into production,$200,{000}_{?}$

Units to be accounted for:

Work in process, April $1($materials $90\%$ complete; conversion $80\%$ complete$)$

Started into production

Total units to be accounted for

Units accounted for as follows:

Transferred to next department

Work in process, April $30($materials $75\%$ complete; conversion $60\%$ complete$)$

Total units accounted for

Cost Reconciliation

Cost to be accounted for:

Work in process, April $1$

Cost added during the month

Total cost to be accounted for

Cost accounted for as follows:

Work in process, April $30$

Transferred to next department

Total cost accounted for

$\backslash$table$[[40,000],[230,000]]$

$\backslash$table$[[$$$98,000$

$\backslash$table$[[$Total cost to be accounted for,$$925,{000}_{?}$