Question: PROBLEM 4-3 Preparing a Production Report-Weighted Average Cost Method [LO3 - CC11; LO4 - CC12, 13,14] Sunspot Beverages, Ltd. of Fiji makes blended tropical

PROBLEM 4-3 Preparing a Production Report-Weighted Average Cost Method [LO3 - CC11; LO4 - CC12, 13,14] Sunspot Beverages, Ltd. of Fiji makes blended tropical

PROBLEM 4-3 Preparing a Production Report-Weighted Average Cost Method [LO3 - CC11; LO4 - CC12, 13,14] Sunspot Beverages, Ltd. of Fiji makes blended tropical fruit drinks in two stages. Fruit juices are extracted from fresh fruits and then blended in the Blending Department. The blended juices are then bottled and packed for shipping in the Bottling Department. The following information pertains to the operations of the Blending Department for June. (The currency in Fiji is the Fijian dollar (FJ$].) CHECK FIGUR June 30 WIP: S Percentage Completed 2 Units Materials Conversion 3 Work in process, beginning 20,000 100% 75% 4 Started into production 180,000 5 Completed and transferred out 160,000 6 Work in process, ending 40,000 100% 25% 7 9 Work in process, beginning 10 Cost added during June 11 Materials Conversion FJ$ 25,200 FJS 24,800 334,800 238,700

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