4. B C D E LI M N P 0 15 F G H UK Cost of Production Report - Roasting Department For the Month Ended March 31, 2016 16 17 18 19 UNITS Equivalent Units Direct Materials Conversion Whole Units 20 21 22 Units charged to production Inventory in process, March 1 Received from matenals storeroom Total units accounted for by the Roasting Department 23 24 25 26 27 -- complete) 28 Units to be assigned cost: Inventory in process, March 1 Started and completed in March Transferred to Packing Department in March Inventory in process, March 31 Total units to be assigned cost completel 29 30 31 32 33 34 35 36 COSTS Direct Matenals Costs Conversion Total 37 Costs per equivalent unit Total costs for March in Roasting Department Total equalent units Cost per equivalent unit 32 40 41 42 43 Costs assigned to production Inventory in process, March 1 Costs incurred in March Total costs accounted for by the Roasting Department 44 45 46 47 48 49 Costs allocated to completed and partially completed units Inventory in process, March 1 To complete inventory in process, March 1 Cost of completed March 1 work in process Started and completed in March Transferred to Packing Department in March Invertory in process, March 31 Total costs assigned by the Roasting Department 50 51 52 53 54 Pr. 1863)-2A Ready Thu D G . JK M N March 1, work in process Less direct materials Conversion costs Conversion cost equivalent units Units in process Percent complete Equivalent units Direct Materials Conversion March costs per equivalent unit (from part 1) February costs per equivalent unit Total costs in Work in Process, March 1 Total equivalent units Cost per equivalent unit Increase (decrease + 5 26 17 38 79 80 81 er PR 3-2A Cost of production report OBJ. 2,4 Fresh Mountain Coffee Company roasts and packs coffee beans. The process begins by placing coffee beans into the Roasting Department. From the Roasting Department, coffee beans are then transferred to the Packing Department. The following is a partial work in process account of the Roasting Department at March 31, 2016: ACCOUNT Work in Process --Roasting Department ACCOUNT NO Balance Date Item Debit Credit Debit Credit Mar. 1 31 31 31 31 31 Bal., 1,500 units, 30% completed Direct materials, 22,300 units Direct labor Factory overhead Goods transferred, 21,700 units Bal., 2 units, 40% completed 86,970 11,900 5,772 6,150 93,120 105,020 110,792 ? Instructions 1. Prepare a cost of production report, and identify the missing amounts for Work in Process Roasting Department 2. Assuming that the March 1 work in process inventory includes $5,700 of direct ma- terials, determine the increase or decrease in the cost per equivalent unit for direct materials and conversion between February and March