Accounting II homework

Cast of Production Report Arabica Highland 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 July 31: ACCOUNT Work in Process-Roasting Department ACCOUNT NO. Balance Date Item Debit Credit Debit Credit July 1 Bal. 7,000 units, 1/5 completed 14,140 31 Direct materials, 280,000 units 560,000 574,140 31 Direct labor 117,300 685,440 31 Factory overhead 28,100 714,540 31 Goods transferred, 281,000 units 31 Bal., 2 units, 1/5 completed Required: 1. Prepare a cost of production report, and identify the missing an nt is zero, enter "0". when con to two decimal places. Arabica Highland Coffee Company Cost of Production Report-Roasting Department For the Month Ended July 31 1. Prepare a cost of production report, and identify the missing amounts for Work in Process-Roasting Department. If an amount is zero, enter "0". When computing cost to two decimal places. Arabica Highland Coffee Company Cost of Production Report-Roasting Department For the Month Ended July 31 Unit Information Units charged to production: Inventory in process, July 1 Received from materials s Total units accounted for by the Roasting Department Units to be assigned costs: Equivalent Units Whole Direct Materials Conversion Inventory in process, July 1 Started and completed in July Transferred to Packing Department in July Inventory in process, July 31 Total units to be assigned costs Cost Information Costs per equivalent un: Direct Materials Conversion Direct Total costs for July in Roasting Department aterials Conversion Total equivalent units Cost per equivalent unit Costs charged to production: Direct Materials Conversion Total Inventory in process, July 1 Costs incurred in July Total costs accounted for by the Roasting Departme Cost allocated to completed and partially completed units: Inventory in process, July 1 balance To complete inventory in process, July 1 Cost of completed July 1 work in process Started and completed in July Transferred to Packing Department in July Inventory in process, July 31 0 0 0 Total costs assigned by the Roasting Department 10100 00100 Direct Inventory in process, July 1 Materials Conversion Costs incurred in July Total costs accounted for by the Roasting Department Cost allocated to completed and partially completed units: Inventory in process, July 1 balance To complete inventory in process, July 1 Cost of completed July 1 work in process Started and completed in July Transferred to Packing Department in July Inventory in process, July 31 0 0 0 0 0 0 Total costs assigned by the Roasting Depart 1000100100 10100 E 2. Assuming that the July 1 work in process inventory includes $13,300 of direct materials, dete between June and July, If required, round your answers to the nearest cent. line the increase or decrease in the cost per equivalent unit for dred Increase or Decrease Change in direct materials cost per Change in conversion cost per equivalent unit