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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
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 :
ACCOUNT Work in ProcessRoasting Department ACCOUNT NO
Date Item Debit Credit Balance
Debit Credit
July Bal., units, completed
Direct materials, units
Direct labor
Factory overhead
Goods transferred, units
Bal., units, completed
Required:
Question Content Area
Prepare a cost of production report, and identify the missing amounts for Work in ProcessRoasting Department. If an amount is zero, enter When computing cost per equivalent units, round to the nearest cent.
Hana Coffee Company
Cost of Production ReportRoasting Department
For the Month Ended July
Unit Information
Units charged to production:Number of Units
Inventory in process, July fill in the blank aff
Received from materials storeroom fill in the blank aff
Total units accounted for by the Roasting Department fill in the blank aff
Units to be assigned costs: Equivalent Units
Whole Units Direct Materials Conversion
Inventory in process, July fill in the blank aff
fill in the blank aff
fill in the blank aff
Started and completed in July fill in the blank aff
fill in the blank aff
fill in the blank aff
Transferred to Packing Department in July fill in the blank aff
fill in the blank aff
fill in the blank aff
Inventory in process, July fill in the blank aff
fill in the blank aff
fill in the blank aff
Total units to be assigned costs fill in the blank aff
fill in the blank aff
fill in the blank aff
Cost Information
Cost per equivalent unit: Direct Materials Conversion
Total costs for July in Roasting Department $fill in the blank aff
$fill in the blank aff
Total equivalent units fill in the blank aff
fill in the blank aff
Cost per equivalent unit $fill in the blank aff
$fill in the blank aff
Costs assigned to production:
Direct Materials Conversion Total
Inventory in process, July $fill in the blank aff
Costs incurred in July fill in the blank aff
Total costs accounted for by the Roasting Department $fill in the blank aff
Costs allocated to completed and partially completed units:
Inventory in process, July balance $fill in the blank aff
To complete inventory in process, July $fill in the blank aff
$fill in the blank aff
fill in the blank aff
Cost of completed July work in process $fill in the blank aff
Started and completed in July fill in the blank aff
fill in the blank aff
fill in the blank aff
Transferred to Packing Department in July $fill in the blank aff
Inventory in process, July fill in the blank aff
fill in the blank aff
fill in the blank aff
Total costs assigned by the Roasting Department $fill in the blank aff
Feedback Area
Feedback
Calculate equivalent units for materials and conversion costs. Calculate the cost per equivalent unit for materials and conversion costs. Calculate the costs assigned to the beginning inventory, the units started and completed, and the ending inventory.
Question Content Area
Assuming that the July work in process inventory includes $ of direct materials, determine the increase or decrease in the cost per equivalent unit for direct materials and conversion between June and July. If required, round your answers to two decimal places.
Increase or Decrease Amount
Change in direct materials cost per equivalent unit
Increase
$fill in the blank a
Change in conversion cost per equivalent unit
Decrease
$fill in the blank aI only need help with last two questions
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