Problem - Production Report
Tropical sun Ltd. makes suntan lotion in two stages. The lotion is first blended in the Blending Department and then bottled and packed in the Bottling Department. The following information relates to the operations of the Blending Department for May.
|
|
Units
|
Percent Completed
|
|
Materials
|
Conversion
|
|
Work in Process, beginning
|
7,000
|
80%
|
55%
|
|
Started into production
|
97,000
|
|
|
|
Completed and transferred out
|
91,000
|
|
|
|
Work in Process, ending
|
13,000
|
65%
|
20%
|
|
|
|
Costs ($)
|
|
Work in Process, beginning
|
|
$6,900
|
$8,000
|
|
Costs added during May
|
|
$106,473
|
$143,632
|
Required - Prepare a production report for the Blending Department for May.