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    Prepare a production report for the Blending Department for July. Use the following three steps as guide in preparing your report.

    1- Prepare a quantity schedule and compute the equivalent units.
    2- Compute the costs per equivalent unit for the month.
    3-Using the data from 1 and 2 above, prepare a cost reconciliation.

    See attached file for full problem description.

    Selzik Company makes super-premium cake mixes that go through two processing departments, Blending and Packaging.
    The following activity was recorded in the Blending Department during July:

    Production Data:
    Units in process, July 1 (materials 100% complete,
    conversion 30% complete) .............
    Units started into production ............................
    Units completed and transferred to Packaging .....................
    Units in proces, July 32( materials 100% complete,
    conversion 40% complete )...........................

    Cost Data:
    Work in process inventory, July 1:
    Materials cost...................................
    Conversion cost ...............................

    Cost added during the month:
    Materials cost .................................
    Conversion cost ..............................
    Total cost.................................................................

    All materials are added at the beginning of work in the Blending Department. The company uses the FIFO method.

    Required:
    Prepare a productin report for the Blending Department for July. Use the following three steps as guide in preparing your report.
    1- Prepare a quantity schedule and compute the equivalent units.
    2- Compute the costs per equivalent unit for the month.
    3-Using the data from 1 and 2 above, prepare a cost reconciliation.

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    https://brainmass.com/business/project-management/production-cost-report-127388

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    Problem 4-20

    Selzik Company makes super-premium cake mixes that go through two processing departments, Blending and Packaging.
    The following activity was recorded in the Blending Department during July:

    Production Data:
    Units in process, July 1 (materials 100% complete,
    conversion 30% complete) ............. 10,000
    Units started into production ............................ 170,000
    Units completed and transferred to Packaging ..................... ?
    Units in proces, July 32( materials 100% complete,
    conversion 40% complete )........................... 20,000

    Cost Data:
    Work in process inventory, July 1:
    Materials cost................................... $8,500 ...

    Solution Summary

    The solution explains how to prepare a production cost report for the Blending Department of Selzik Company

    $2.49

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