Chapter 17 - Homework eBook Calculator Print Item Cost of Production Report 1. EX.17-07.ALGO Hana 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: 2. EX.17-08.ALGO ACCOUNT Work in Process-Roasting Department ACCOUNT NO. 3. EX.17-11.ALGO Balance Date Item Debit Credit 4. EX.17-24.ALGO Debit Credit July 18,876 5. EX.17-25.ALGO 1 Bal., 6,600 units, 1/5 completed 31 Direct materials, 297,000 units 850,476 6. PR.17-02A.ALGO 31 Direct labor 831,600 168,000 42,028 1,018,476 31 Factory overhead 1,060,504 7. PR.17-05A.ALGO ? 31 Goods transferred, 298,000 units 31 Bal., 2 units, 3/5 completed Required: ? 1. Prepare a cost of production report, and identify the missing amounts for Work in Process-Roasting Department. If an amount is zero, enter "O". When computing cost per equivalent units, round to two decimal places. Hana 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 Check My Work Previous Next Progress: 6/7 items Assignment Score: 48% Save and Exit Submit Assignment for Grading Chapter 17 - Homework eBook Calculator Print Item Inventory in process, July 1 1. EX.17-07.ALGO Received from materials storeroom 2. EX.17-08.ALGO Total units accounted for by the Roasting Department 3. EX.17-11.ALGO Units to be assigned costs: 4. EX.17-24.ALGO Whole Units Equivalent Units Direct Materials Conversion 5. EX.17-25.ALGO Inventory in process, July 1 6. PR.17-02A.ALGO Started and completed in July Transferred to Packing Department in July 7. PR.17-05A.ALGO Inventory in process, July 31 Total units to be assigned costs Cost Information Cost per equivalent unit: Direct Materials Conversion Total costs for July in Roasting Department Total equivalent units Cost per equivalent unit $ Costs assigned to production: Check My Work Previous Next Progress: 6/7 items Assignment Score: 48% Save and Exit Submit Assignment for Grading Chapter 17 - Homework eBook Calculator Print Item Direct Materials Total 1. EX.17-07.ALGO Conversion Inventory in process, July 1 2. EX.17-08.ALGO Costs incurred in July 3. EX.17-11.ALGO Total costs accounted for by the Roasting Department S 4. EX.17-24.ALGO Costs allocated to completed and partially completed units: Inventory in process, July 1 balance $ 5. EX.17-25.ALGO To complete inventory in process, July 1 6. PR.17-02A.ALGO Cost of completed July 1 work in process $ Started and completed in July 7. PR.17-05A.ALGO Transferred to Molding Department in July Inventory in process, July 31 Total costs assigned by the Roasting Department 2. Assuming that the July 1 work in process inventory includes $17,820 of direct materials, determine the increase or decrease in the cost per equivalent unit for direct materials and conversion between June and July. If required, round your answers to the nearest cent. Increase or Decrease Amount Change in direct materials cost per equivalent unit Change in conversion cost per equivalent unit Check My Work Previous Next Progress: 6/7 items Assignment Score: 48% Save and Exit Submit Assignment for Grading