Cost of Production Report

Fresh Mountain Coffee Company roasts and packs coffee beans. The process begins by placing coffee beans into the Roasting Department. From the Roasting Department, coffee beans are then transferred to the Packing Department. The following is a partial work in process account of the Roasting Department at March 31, 2016:

ACCOUNT Work in ProcessRoasting Department ACCOUNT NO.

Date Item Debit Credit Balance

Debit Credit

Mar. 1 Bal., 1,500 units, 30% completed 6,150

31 Direct materials, 22,300 units 86,970 93,120

31 Direct labor 11,900 105,020

31 Factory overhead 5,772 110,792

31 Goods transferred, 21,700 units ?

31 Bal., ? units, 40% completed ?

1. Prepare a cost of production report, and identify the missing amounts for Work in ProcessRoasting Department. If an amount is zero, enter in a zero "0". When computing The rate used to allocate costs between completed and partially completed production.cost per equivalent units, round to the nearest cent.

Fresh Mountain Coffee Company
Cost of Production Report-Roasting Department
For the Month Ended March 31, 2016
Unit Information
Units charged to production:
Inventory in process, March 1 _____
Received from materials storeroom _____
Total units accounted for by the Roasting Department _____
Units to be assigned costs:
		Equivalent Units
	Whole Units	Direct Materials	Conversion
Inventory in process, March 1	?
Started and completed in March
Transferred to Packing Department in March
Inventory in process, March 31
Total units to be assigned costs
Cost Information
Costs per equivalent unit:
		Direct Materials	Conversion
Total costs for March in Roasting Department		$	$
Total equivalent units
Cost per equivalent unit		$	$
Costs charged to production:
	Direct Materials	Conversion	Total
Inventory in process, March 1			$
Costs incurred in March
Total costs accounted for by the Roasting Department			$
Cost allocated to completed and partially completed units:
Inventory in process, March 1 balance			$
To complete inventory in process, March 1	$	$
Cost of completed March 1 work in process			$
Started and completed in March
Transferred to Packing Department in March			$
Inventory in process, March 31
Total costs assigned by the Roasting Department			$