Exercise 6-49 Production Report, Weighted Average Mino Inc. manufactures chocolate syrup in three departments: cooking, mixing, and bottling. Mino uses the weighted average method. The following are...

Exercise 6-49
Production Report, Weighted Average
Mino Inc. manufactures chocolate syrup in three departments: cooking, mixing, and bottling.
Mino uses the weighted average method. The following are cost and production data for the
cooking department for April (Note: Assume that units are measured in gallons.):
Production:
    Units in process, April 1 (60% complete) 20,000
    Units completed and transferred out 50,000
    Units in process, April 30 (20% complete) 10,000
Costs:
    WIP, April 1 $ 93,600
    Costs added during April 314,600
Required:
Prepare a production report for the cooking department.