Question:
1. Mino Inc. manufactures chocolate syrup in three departments: Cooking, Mixing, and Bottling. Mino uses the weighted average method.
The following are cost and production data for the cooking department for April (assume that units are measured in gallons):
Production:
Units in process, April 1, 60 percent complete 20,000
Units completed and transferred out50,000
Units in process, April 30, 20 percent complete 10,000
Costs:
WIP, April 1 $ 93,600
Costs added during April 314,600
Required:
Prepare a production report for the cooking department.