Problem 5-15 (Algo) Comprehensive ProblemWeighted-Average Method [LO5-2, LO5-3, LO5-4, LO5-5]

Sunspot Beverages, Limited, of Fiji uses the weighted-average method in its process costing system. It 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.

	Units	Percent Completed
Materials	Conversion
Work in process, beginning	48,000	70%	40%
Started into production	256,500
Completed and transferred out	246,500
Work in process, ending	58,000	75%	25%

	Materials	Conversion
Work in process, beginning	$ 15,800	$ 5,000
Cost added during June	$ 169,800	$ 107,230

Required:

1. Calculate the Blending Department's equivalent units of production for materials and conversion in June.

2. Calculate the Blending Department's cost per equivalent unit for materials and conversion in June.

3. Calculate the Blending Department's cost of ending work in process inventory for materials, conversion, and in total for June.

4. Calculate the Blending Department's cost of units transferred out to the Bottling Department for materials, conversion, and in total for June.

5. Prepare a cost reconciliation report for the Blending Department for June.