1.What is the total cost for May in roasting Department ?

2. What is the total equivalent units?

3. what is the cost per equivalent unit ?

4. What are the cost assigned to production ?

5. What is the inventory in process, May 1?

6. What is the cost incurred in May ?

7. What is the total cost accounted for by the roasting department ?

8. What is the value of tranferred to finished goods in May?

9. What is the inventory in process, May 31?

10. What is the total cost assigned by the roasting department ?

Cost of Production Report: Average Cost Method The increases to Work in Process --Roasting Department for Highlands Coffee Company for May as well as information concerning production are as follows: Work in process, May 1, 2,400 pounds, 40% completed $12,010 Coffee beans added during May, 148,100 pounds 414,220 Conversion costs during May 174,090 Work in process, May 31, 1,400 pounds, 70% completed Goods finished during May, 149,100 pounds Prepare a cost of production report, using the average cost method. If required, round cost per equivalent unit answers to the nearest cent. Highlands Coffee Company Cost of Production Report Roasting Department For the Month Ended May 31 Unit Information Units to account for during production: Inventory in process, May 1 Received from materials storeroom 2400 148.100 150.500 Total units accounted for by the Roasting Department Units to be assigned costs Whole Units Equivalent Units of Production 149.100 149.100 Transferred to finished goods in May Inventory in process, May 31 1400 980 Total units to be assigned costs 150,500 150.080