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Cast of Production Report The debits to Work in Process-Roasting Department foring Brew Coffee Company for August, together with information concerning production, are a
Cast of Production Report The debits to Work in Process-Roasting Department foring Brew Coffee Company for August, together with information concerning production, are a Work in process, August 1, 900 pounds, 10% completed "Direct materials (900X $3.9) Conversion (900 x 10 % x $1.6) Coffee beans added during August, 28,000 pounds Conversion costs during August Work in process, August 31, 1.400 pounds, 60% completed i Goods finished during August, 27,500 pounds All direct materials are placed in process at the beginning of production a. Prepare a cost of production report, presenting the following computations 1. $3,054 $3,510 $144 $3.654 107,00 45,025 Direct materials and conversion equivalent units of production for August 2. Direct materials and conversion costs per equivalent unit for August 3. Cost of goods finished during August 4. Cost of work in process at August 31 If an amount is zero, enter in "0". For the cost per equivalent unit, round your answer to two decimal places Homing Brew Coffee Company Cost of Production Report Raasting Department For the Horth Ended August 31 Unit Information Units charged to production 4 Inventory in process, August 1 Received from materials storeroom Total units accounted for by the Roasting Department Units to be assigned costs Equivalent Unit While Units Direct Materials (1) Conversion (1) BBOOK If an amount is zero, enter in "0". For the cost per equivalent unit, round your answer to two decimal places. Morning Brew Coffee Company Cost of Production Report-Roasting Department For the Month Ended August 31 Unit Information Units charged to production: Inventory in process, August 1 Equivalent Units Whole Units Direct Materials (1) Conversion (1) Received from materials storeroom Total units accounted for by the Roasting Department Units to be assigned costs: Inventory in process, August 1 Started and completed in August Transferred to finished goods in August Inventory in process, August 31 Total units to be assigned costs Costs per equivalent unit: Total costs for August in Roasting Department Total equivalent units Cost per equivalent unit (2) Costs assigned to production: Inventory in process, August 1 Costs incurred in August Total costs accounted for by the Roasting Department Costs allocated to completed and partially completed units: Check My Work Cost Information Direct Materials Conversion Direct Materials Conversion Total All work saved. Total costs accounted for by the Roasting Department Costs allocated to completed and partially completed units: Inventory in process, August 1 balance To complete inventory in process, August 1 Cost of completed August 1 work in process Started and completed in August Transferred to finished goods in August (3) Inventory in process, August 31 (4) Total costs assigned by the Roasting Department Feedback Check My Work a. How much more (percentage amount) needed to be done to the beginning work in process units to make the units complete to transfer to the next department? Did m done to these units in the prior period? In order for units to be transferred to the next department, the units have to be complete with respect to both materials and conv respect to materials? How complete are the units in ending inventory with respect to conversion? Materials and conversion cost needs to be allocated among the equiva b. Compute and evaluate the change in cost per equivalent unit for direct materials and conversion from the previous month (July). If required, round yo Change in direct materials cost per equivalent unit Change in conversion cost per equivalent unit Increase or Decrease Decrease Increase Amount Feedback Check My Work
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