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Production Report, No Beginning Inventory Softkin Company manufactures sun protection lotion. The Mixing Department, the...

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Accounting

Production Report, No Beginning Inventory

Softkin Company manufactures sun protection lotion. The Mixing Department, the first process department, mixes the chemicals required for the repellant. The following data are for the current year:

Work in process, January 1
Gallons started 400,000
Gallons transferred out 336,000
Direct materials cost $800,000
Direct labor cost $1,703,680
Overhead applied $2,555,520

Direct materials are added at the beginning of the process. Ending inventory is 80 percent complete with respect to direct labor and overhead.

Required:

Prepare a production report for the Mixing Department for the current year. If an amount is zero, enter "0".

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Softkin Company Mixing Department Production Report for Current Year Unit Information Units to account for: Total units to account for Units accounted for: Equivalent Units Physical Flow Direct Materials Conversion Costs Total units accounted for Work completed Cost Information Costs to account for: Direct Total Materials Conversion Costs Total costs to account for Cost per equivalent unit Costs accounted for: Total costs accounted for

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