Share
Explore BrainMass

Production Cost Report

Prepare a production report for the Blending Department for June assuming that the company uses the weighted-average method.

See attached file for full problem description.

Problem 4-21
Sunspot Beverages, Ltd., of Fiji makes blended tropical fruit drinks in two stages. Fruit Juices are extract from fresh fruits and then blended in the Blending Depatment.
The blended juices are the 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.)

Percent Completed
Units Materials Coversion
Work in process, beginning 20,000 100% 75%
Started into poduction 180,000
Completed and transferred out 160,000
Work in process, ending 40,000 100% 25%

Materials Conversion
Work in process, beginning $25,200 $24,800
Cost added during June 334,800 $238,700

Required:
Prepare a production report for the Blending Department for June assuming that the company uses the weighted-average method.

Attachments

Solution Preview

Please see the attached file.

Problem 4-21
Sunspot Beverages, Ltd., of Fiji makes blended tropical fruit drinks in two stages. Fruit Juices are extract from fresh fruits and then blended in the Blending Department.
The blended juices are the 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.)

Percent Completed ...

Solution Summary

The solution explains how to prepare a production cost report using the weighted average method for the Blending Department of Sunspot Beverages

$2.19