Bart’s Beverages is a small, local operation that makes only one flavor of soft drink. The following data areavailable for operations in its Blending Department during October.
|
|
|
Percent |
|
|
|
Barrels |
Complete |
Costs |
|
Beginning work in process inventory, October 1 |
1,000 |
|
|
|
Materials costs |
|
25% |
$ 1,113 |
|
Conversion costs |
|
10 |
194 |
|
Units started in October |
5,000 |
|
|
|
Costs incurred in October |
|
|
|
|
Materials costs |
500 |
80 |
|
|
Conversion costs |
|
|
22,487 |
|
Ending work in process inventory, October 1 |
|
|
14,056 |
|
Materials costs |
|
|
? |
|
Conversion costs |
|
40 |
? |
Using weighted average process costing, prepare a cost of production report for October.