Cost of Production Report: Average Cost Method The increases to Work in Process-Roasting Department for Boston Coffee Company for March 2016 as well as information concerning production are as follows: work in process, March 1, 2,300 pounds, 20% completed Coffee beans added during March, 141,900 pounds Conversion costs during March work in process, March 31, 1,400 pounds, 80% completed Goods finished during March, 142,800 pounds Prepare a cost of production report, using the average cost method. If required, round cost per equivalent unit answers to the nearest cent. $17,270 595,830 250,420 Boston Coffee Company Cost of Production Report-Roasting Department For the Month Ended March 31, 2016 Units to account for during production Inventory in process, March 1 Received from materials storeroom Total units accounted for by the Roasting Department Units to be assigned costs: Whole Equivalent Units Units of Production Transferred to finished goods in March Inventory in process, March 31 Total units to be assigned costs Costs per equivalent unit: Costs Total costs for March in Roasting Department Total equivalent units Cost per equivalent unit Costs assigned to production: Inventory in process, March 1 Costs incurred in March Total costs accounted for by the Roasting Department Costs allocated to completed and partially completed units: Transferred to finished goods in March Inventory in process, March 31 Total costs assigned by the Roasting Department