Question: Production Report, Weighted Average Production: Units in process, April 1 , 6 0 % complete 2 3 , 0 0 0 Units completed and transferred

Production Report, Weighted Average
Production:
Units in process, April 1,60% complete
23,000
Units completed and transferred out
43,000
Units in process, April 30,20% complete
7,500
Costs:
WIP, April 1
$85,600
Costs added during April
306,000
Required:
Prepare a production report for the cooking department. Round cost per equivalent unit value to the nearest cent and use rounded value in intermediate calculations.
Mino Inc.
Cooking Department Production Report
For the Month of April (Weighted Average Method)
Unit Information
Physical flow:
Units to account for:
Units
Units in beginning work in process
Units started
Total units to account for
Units accounted for:
Units completed
Units in ending work in process
Total units accounted for
Equivalent units:
Units
Units completed
Units in ending work in process
Total equivalent units
Units
Total equivalent units
Costs to account for:
Costs in beginning work in process
Costs added by department
Total costs to account for
Cost per equivalent unit
Costs accounted for:
Cost Information
Cost Information
Dollars
Transferred Out Ending Work in Process Total
Goods transferred out
Goods in ending work in
process
Total costs accounted for
$
$
:
 Production Report, Weighted Average Production: Units in process, April 1,60% complete

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