Cost of Production Report: Average Cost Method The increases to Work in Process-Roasting Department for Highlands Coffee Company for May as well as information concerning production are as follows: $12,990 448,110 188,340 Work in process, May 1, 1,300 pounds, 10% completed Coffee beans added during May, 80,200 pounds Conversion costs during May Work in process, May 31, 800 pounds, 60% completed Goods finished during May, 80,700 pounds Prepare a cost of production report for May, using the average cost method. If required, round cost per equivalent unit answers to the nearest cent. Highlands Coffee Company Cost of Production Report-Roasting Department For Unit Information Units charged to production Inventory in process, May 1 Recelved 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 May Inventory in process, May 31 Total units to be assigned costs