Sunspot Beverages, Ltd. of Fiji makes blended tropical fruit drinks in two stages. Fruit juices are extracted from fresh fruits and then blended in the blending department. The blended juices are then bottled and packed for shipping in the bottling department. The following information pertains to the operations of the blending department for June. (The Percentage Completed Mork in process, beginning Started into production Completed and transferred out Mork in process, ending Units Materials Conversion 19,e00 175, 000 154, 000 40, 000 100 75% 100 25% Work in process, beginning Cost added during June Materials FJ$ 26, 000 303,800 Conversion FJ$ 25,300 187,900 Required:

Cornerstones of Cost Management (Cornerstones Series)
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Chapter6: Process Costing
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Sunspot Beverages, Ltd. of Fiji makes blended tropical fruit drinks in two stages. Fruit juices are extracted from fresh
fruits and then blended in the blending department. The blended juices are then 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 (FJ$].)
)
Percentage Completed
Work in process, beginning
Started into production
Completed and transferred out
Work in process, ending
Units Materials Conversion
19,000
175,000
154, 000
40,000
100%
75%
100%
25%
Work in process, beginning
Cost added during June
Materials Conversion
FJ$ 26,000 FJ$ 25,300
303, 800
187,900
Required:
Prepare a production report for the blending department for June assuming that the company uses the weighted
average method. (Round "Cost per equivalent unit" to 2 decimal places and the rest to the nearest dollar amount.)
Quantity Schedule and Equivalent Units
Quantity
Schedule
Units to be accounted for:
Total units
Equivalent Units (EU)
Units
Materials
Conversion
Units accounted for as follows:
Total units and equivalent units of production
Costs per Equivalent Unit
Materials
Conversion
Costs per equivalent unit
Cost Reconciliation
Equivalent Units (EU)
Total Cost
Materials
Conversion
Cost accounted for as follows:
.......
................
Work in process, June 30:
Total work in process
Total cost
Transcribed Image Text:Sunspot Beverages, Ltd. of Fiji makes blended tropical fruit drinks in two stages. Fruit juices are extracted from fresh fruits and then blended in the blending department. The blended juices are then 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 (FJ$].) ) Percentage Completed Work in process, beginning Started into production Completed and transferred out Work in process, ending Units Materials Conversion 19,000 175,000 154, 000 40,000 100% 75% 100% 25% Work in process, beginning Cost added during June Materials Conversion FJ$ 26,000 FJ$ 25,300 303, 800 187,900 Required: Prepare a production report for the blending department for June assuming that the company uses the weighted average method. (Round "Cost per equivalent unit" to 2 decimal places and the rest to the nearest dollar amount.) Quantity Schedule and Equivalent Units Quantity Schedule Units to be accounted for: Total units Equivalent Units (EU) Units Materials Conversion Units accounted for as follows: Total units and equivalent units of production Costs per Equivalent Unit Materials Conversion Costs per equivalent unit Cost Reconciliation Equivalent Units (EU) Total Cost Materials Conversion Cost accounted for as follows: ....... ................ Work in process, June 30: Total work in process Total cost
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