Question: Problem 4 (Textbook Reference: P3-4) -Prepare a production cost report A bottling company bottles soft drinks using a process cost system. Following are cost and

Problem 4 (Textbook Reference: P3-4) -Prepare a production cost report A bottling company bottles soft drinks using a process cost system. Following are

Problem 4 (Textbook Reference: P3-4) -Prepare a production cost report A bottling company bottles soft drinks using a process cost system. Following are cost and production data for the mixing department for June: Units Irventory, June 1 Paced in Production in June Imventory, June 30 Mateials Costs Conversion Costs 16,240 41,720 56,000 S 133,000 29,960 11,620 $ 63,000 The June 30 inventory was 100% complete as to matenals and 30% complete as to conversion. Required: Prepare a production cost report for the month ended June 30, using the average cost method. *A production report template has been provided on the next page*

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