30.

Cost of Production Report: Average Cost Method

The increases to Work in ProcessRoasting Department for Boston Coffee Company for March 2016 as well as information concerning production are as follows:

Work in process, March 1, 1,700 pounds, 10% completed	$12,760
Coffee beans added during March, 104,900 pounds	440,500
Conversion costs during March	185,140
Work in process, March 31, 1,000 pounds, 80% completed	_
Goods finished during March, 105,600 pounds	_

Prepare a cost of production report, using the average cost method. If required, round cost per equivalent unit answers to the nearest cent.

Boston Coffee Company
Cost of Production Report-Roasting Department
For the Month Ended March 31, 2016
Unit Information
Units to account for during production:
Inventory in process, March 1		fill in the blank 1
Received from materials storeroom		fill in the blank 2
Total units accounted for by the Roasting Department		fill in the blank 3
Units to be assigned costs:
	Whole Units	Equivalent Units of Production
Transferred to finished goods in March	fill in the blank 4	fill in the blank 5
Inventory in process, March 31	fill in the blank 6	fill in the blank 7
Total units to be assigned costs	fill in the blank 8	fill in the blank 9
Cost Information
Costs per equivalent unit:
		Costs
Total costs for March in Roasting Department		$fill in the blank 10
Total equivalent units		fill in the blank 11
Cost per equivalent unit		$fill in the blank 12
Costs assigned to production:
Inventory in process, March 1		$fill in the blank 13
Costs incurred in March		fill in the blank 14
Total costs accounted for by the Roasting Department		$fill in the blank 15
Costs allocated to completed and partially completed units:
Transferred to finished goods in March		$fill in the blank 16
Inventory in process, March 31		fill in the blank 17
Total costs assigned by the Roasting Department		$fill in the blank 18