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Cast of Production Report: Weighted average method Sunrise Coffee Company mests and packs coffee beans. The process begins in the Roasting Department. From the
Cast of Production Report: Weighted average method Sunrise Coffee Company mests and packs coffee beans. The process begins in the Roasting Department. From the Roasting Department, the coffee beans are transferred to the Packing Department. The flowing i partial work in process account of the Roasting Department at December 31 ACCOUNT Work in Process-Roasting Department ACCOUNT NO. Balance Date Item Debit Credit Debit Credit De 1 Bal, 16,000 units, 80% completed 74.540 31 Direct materials, 276,000 units 733,520 808,000 31 Direct labor 400,399 31 Factory overhead 576,185 1,208,479 1,784,464 31 Goods transferred, 279,200 units 31 Bal. 2 units, 30% completed Required: Prepare a cost of production report, using the weighted average method, and identify the missing amounts for Work in Process-Roasting Desertment. Assume that direct materials are placed in process during production. If required, round your cost per equivalent unit answer to two decimal places.
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