Cost of production report

Cuit of production report. The debits to Work in Process - Bsasting Department for Morning Brew Coffee Company for Aupunt, together with information concerning production, are as fohlows: All direct materials are pleced in proceis at the beginning of prodoxtien. Open spreadshet a. Prepare a cest of production report, presentiog the following combutations: 1. Direct materials and conversion wquivainit units of production for hupust 2. Direct materials and conversion costs per ecuvivilemt unt for hupust 3. Cost of goods finiahed during Aupust 4. Cost of work in process at August 31 b. Compute and evaluate the change in cost per equivalent unit for direct materials and comersion from the previous month (July), Round your answers to the nearest cent. 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 Costs Direct 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 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) $ $ s Total costs assigned by the Roasting Department