Cost of Production Report: Average Cost Method Sunrise Coffee Company roasts 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 following is a partial work in process account of the Roasting Department at December 31: ACCOUNT Work in Process-Roasting Department ACCOUNT NO. Date Item Debit Credit Balance Debit Credit Dec. 1 Bal., 17,000 units, 75% completed 40,290 31 Direct materials, 294,100 units 394,094 434,384 31 Direct labor 215,896 650,280 31 Factory overhead 310,680 960,960 31 Goods transferred, 296,700 units ? ? 31 Bal., ? units, 25% completed ? Required: Prepare a cost of production report, using the average cost method, and identify the missing amounts for Work in ProcessRoasting Department. If required, round your cost per equivalent unit answer to two decimal places.

Cost Information Unit costs: Costs Total costs for December in Roasting Department $ Total equivalent units Cost per equivalent unit $ Costs charged to production: Inventory in process, December 1 $40290 Costs incurred in December Total costs accounted for by the Roasting Department $ Costs allocated to completed and partially completed units: Transferred to Packing Department in December $ Inventory in process, December 31 Total costs assigned by the Roasting Department $