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Sunspot Beverages, Ltd., of Fiji uses the weighted-average method in its process costing system. It makes...

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Accounting

Sunspot Beverages, Ltd., of Fiji uses the weighted-averagemethod in its process costing system. It makes blended tropicalfruit drinks in two stages. Fruit juices are extracted from freshfruits and then blended in the Blending Department. The blendedjuices are then bottled and packed for shipping in the BottlingDepartment. The following information pertains to the operations ofthe Blending Department for June.

Percent Completed
UnitsMaterialsConversion
Work in process, beginning70,00070%40%
Started into production350,000
Completed and transferred out340,000
Work in process, ending80,00075%25%


MaterialsConversion
Work in process, beginning$25,900$9,000
Cost added during June$278,100$192,600

5. Prepare a cost reconciliation report for the BlendingDepartment for June.

places.)

Blending Department
Cost Reconciliation
Costs to be accounted for:
Total cost to be accounted for
Costs accounted for as follows:
Total cost accountedfor

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