cost if production report

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Cast of Productian Report: Average Cost Methad AM Colfee Company roasts and packs colfee beams. The process begins in the Roasting Department. From the Roasting Department, the coffee beans are transferred to the Packing Department. The following is a partial work in process account of the Roasting Department at October 31,2016 : Prepare a cost of production report, using the averepe cost methos, and identify the misung ambunts for Work in Process-Roasting Department. If required, round vour cost per equvalent unit answer to two decimal places. AM Coffee Compary Cast of Production Report Roasting Department For the Month Ended October 31, 2016 Units to account for during production: Unit Information Inventory in process, October 1 Received from materials storeroom Total units accounted for by the Roasting Department Units to be assigned costs: Whole Units Equivalent Units of Production Transferred to Packing Department in October inventory in process, October 31 Total units to be assigned costs Cost information Unit costs: Total costs for October in Roasting Department Total equivalent units Cost per equivalent unit Costs charged ta production: Inventory in process, October 1 Costs incurred in October Received from materials storeroom Total units accounted for by the Roasting Department Units to be assigned costs: Transferred to Packing Department in October Inventory in process, October 31 Total units to be assigned costs Whole Units Cost Information Equivalent Units of Production Costs Costs Total costs for October in Roasting Department Total equivalent units Cost per equivalent unit Costs charged to production: Inventory in process, Okober 1 Costs incurred in October Total costs accounted for by the Roasting Department Costs allocated to completed and partially completed units: Transferred to Packing Department in October Inventory in process, October 31 Total costs assigned by the Roasting Department