cost of production or The debts to Work in Process Roasting Department for Morning Brew Coffee Company for August, topther with information concerning production, we as follows: Work in process, August 1, 500 pounds, 10% completed $2.06 Direct materials (500 x 14.60) $2,300 Conversion (500 x 10% $1:32) 66 $2,366 Coffee beans added during August 10,214 pounds 44,942 Conversion costs during August 15.932 Work in process, August 31, 314 pounds, 42 Completed Goods Finished during August 10,400 pounds All direct materials are placed in process at the beginning of production This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, eiform the required analysis, and inout your answers in the questions below Open spreadsheet Prepare a cost of production report, presenting the following computation 1. Direct materials and conversion valent units of production for August 2. Direct materials and conversion cost per uvalent un for August 3. Cost of goods finished during August 4 Cost of work in process at August If an amount is ere, entero Round the answers in units to the newest whole number, the answer for the most requivalent unit to the nearest cent and the other monetary answers to the rest whole ola Morning Brew Coffee Company Cost of Production Report-Roasting Department For the Month Ended August 31 Equivalent Units Direct Whole Materials Conversion UNITS Units (1) (1) Units charged to production: Inventory in process, August 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 Direct COSTS Materials Conversion Total 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 Direct Materials Conversion Total COSTS Costs per equivalent unit: Total costs for Augustin 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: 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 b. Compute and evaluate the change in cost per equivalent unit for direct materials and conversion from the previous month Ouly). Round your answers to the nearest centi Increase or Decrease Amount Change in direct materials cost per equivalent unit Change in conversion cost per equivalent unit