Cost of production report Hana 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 July 31: ACCOUNT Work in Process Roasting Department ACCOUNT NO. Balance Date Item Debit Credit Debit Credit July 1 Bal., 30,000 units, 10% completed 121,800 31 Direct materials, 155,000 units 620,000 741,800 31 Direct labor 90,000 831,800 31 Factory overhead 33,272 865,072 Goods transferred, 149,000 units Bal., 2 units, 45% completed ? 31 31 Hana Coffee Company Cost of Production Report - Roasting Department For the Month Ended July 31 UNITS Equivalent Unit Conversion Whole Unita Units charged to production: Inventory in process, July 1 Received from materials storeroom Total units accounted for by the Roasting Department 30.000 155.000 185.000 complete Units to be assigned cost Inventory in process, July 1 10% Started and completed in July Transferred to Packing Department in July Inventory in process, July 31 ( Total units to be assigned costs 30.000 119.000 149.000 36.000 145.000 27 000 119.000 146 000 16.200 162 200 119.000 119.000 35.000 155.000 complete COSTS Costa Denver Direct Me Total Cost per equivalent unit: Total costs for July in Roasting Department Total equivalent units Cost per equivalent unit 620 000 155.000 4.00 123 272 162 200 0.76 $ S $ Costs assigned to production: Inventory in process, July 1 Costs incurred in July Total costs accounted for by the Roasting Department 121,800 743 72 865.012 $ $ $ $ 2020 $ Costs allocated to completed and partially completed units: Inventory in process, July 1 To complete inventory in process, July 1 Cost of completed July 1 work in process Started and completed in July Transferred to Packing Department in July Inventory in process, July 31 Total costs assigned by the Roasting Department 476 000 90.440 121 800 20.520 142 320 566 440 708 760 150312 865.012 $ 144 000 12 312 s 121 800 July 1, work in process Less direct materials Conversion costs Conversion cost equivalent units Units in process Percent complete Equivalent units Direct Conversion July costs per equivalent unit (from part 1) June costs per equivalent unit: Total costs in Work in Process, July 1 Total equivalent units Cost per equivalent unit Increase (decrease]