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Business, 04.07.2020 19:01 bob4059

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 (Note: Assume that units are measured in gallons.): Production: Units in process, April 1, 60% complete 20,000 Units completed and transferred out 50,000 Units in process, April 30, 20% complete 10,000 Costs: WIP, April 1 $93,600 Costs added during April 314,600Required: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.

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Mino Inc. manufactures chocolate syrup in three departments: Cooking, Mixing, and Bottling. Mino use...
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