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 ProcessRoasting Department ACCOUNT N0. Balance Date Item Debit Credit Debit Credit July 1 Bal., 5,100 units, 2/5 completed 14,892 31 Direct materials, 229,500 units 619,650 634,542 31 Direct labor 128,700 763,242 31 Factory overhead 32,160 795,402 31 Goods transferred, 230,000 units ? ) 31 Bal., 1 units, 2/5 completed ? Required: 1. Prepare a cost of production report, and identify the missing amounts for Work in ProcessRoasting Department. If an amount is zero, enter "0". When computing cost per equivalent units, round to two decimal places. Hana Coffee Company Cost of Production Report-Roasting Department For the Month Ended July 31 Unit Information Units charged to production: Inventory in process, July 1 Received from materials storeroom Total units accounted for by the Roasting Department Units to be assigned costs: Equivalent Units Whole Direct Units Materials Conversion Inventory in process, July 1 Started and completed in July Transferred to Packing Department in July Inventory in process, July 31 100 Total units to be assigned costs Cost Information Cost per equivalent unit:Direct Materials Conversion Total costs for July in Roasting Department Total equivalent units Cost per equivalent unit HUD Costs assigned to production: Direct Materials Conversion Inventory in process, July 1 Costs incurred in July Total costs accounted for by the Roasting Department Costs allocated to completed and partially completed units: Inventory in process, July 1 balance To complete inventory in process, July 1 Cost of completed July 1 work in process Started and completed in July Transferred to Molding Department in July Inventory in process, July 31 U D D U U U mama mm; mm Total costs assigned by the Roasting Department ) 2. Assuming that the July 1 work in process inventory includes $13,260 of direct materials, determine the increase or decrease in the cost per equivalent unit for direct materials and conversion between February and July. If required, round your answers to the nearest cent. Increase or Decrease Amount Change in direct materials cost per equivalent unit 'Increase w J $:] Change in conversion cost per equivalent unit Decrease W J $ Cost of Production Report: Weighted average method Sunrise Coffee Company roasts and packs coffee beans. The process begins in the Roasting Department. From the Roasting Department, the coffee beans are transferred to the Packing Department. The following is a partial work in process account of the Roasting Department at December 31: ACCOUNT Work in Process-Roasting Department ACCOUNT N0. Balance Date Item Debit Credit Debit Credit Dec. 1 Bal., 17,100 units, 60% completed 75,924 31 Direct materials, 295,800 units 745,416 821,340 31 Direct labor 404,449 1,225,789 31 Factory overhead 582,011 1,807,800 31 Goods transferred, 298,400 units ? ? ) 31 Bal., 3 units, 20% completed ? Required: Prepare a cost of production report, using the weighted average method, and identify the missing amounts for Work in ProcessRoasting Department. Assume that direct materials are placed in process during production. If required, round your cost per equivalent unit answer to two decimal places. Sunrise Coffee Company Cost of Production Report-Roasting Department For the Month Ended December 31 Unit Information Units charged to production: Inventory in process, December 1 Received from materials storeroom C] Total units accounted for by the Roasting Department Units to be assigned costs: Whole Equivalent Units Units of Production Transferred to Packing Department in December C] :1 Inventory in process, December 31 C] C] E E Total units to be assigned costs Cost Information Cost per equivalent unit: Costs Total costs for December in Roasting Department Total equivalent units Cost per equivalent unit Costs assigned to production: 1900 1900 Inventory in process, December 1 Costs incurred in December Total costs accounted for by the Roasting Department Costs allocated to completed and partially completed units: Transferred to Packing Department in December Inventory in process, December 31 Total costs assigned by the Roasting DepartmentEquivalent Units and Related Costs; Cost of Production Report; Entries Dover Chemical Company manufactures specialty chemicals by a series of three processes, all materials being introduced in the Distilling Department. From the Distilling Department, the materials pass through the Reaction and Filling departments, emerging as finished chemicals. The balance in the account Work in ProcessFilling was as follows on January 1: Work in ProcessFilling Department (2,700 units, 40% completed): Direct materials (2,700 x $17.90) $48,330 Conversion (2,700 x 40% x $11.70) 12,636 $60,966 The following costs were charged to Work in ProcessFilling during January: ) Direct materials transferred from Reaction Department: 34,800 units at $17.70 a unit $615,960 Direct labor 208,290 Factory overhead 200,118 During January, 34,500 units of specialty chemicals were completed. Work in ProcessFilling Department on January 31 was 3,000 units, 30% completed. Required: 1. Prepare a cost of production report for the Filling Department for January. If an amount is zero, enter "0". If required, round your cost per equivalent unit answers to two decimal places. Dover Chemical Company Cost of Production Report-Filling Department For the Month Ended January 31 Unit Information Units charged to production: Inventory in process, January 1 Received from Reaction Department imam Total units accounted for by the Filling Department Units to be assigned costs: Equivalent Units Whole Direct Units Materials conversion Inventory in process, January 1 Started and completed in January Inventory in process, January 31 C] Q Transferred to finished goods in January [:] C] C] idadam UUDDU Total units to be assigned costs Cost Information Cost per equivalent unit: Direct Materials Conversion Total costs for January in Filling Department Total equivalent units ll Cost per equivalent unit Costs assigned to production: Direct Materials Conversion Inventory in process, January 1 Costs incurred in January Total costs accounted for by the Filling Department Costs allocated to completed and partially completed units: Inventory in process, January 1 balance To complete inventory in process, January 1 Cost of completed January 1 work in process Started and completed in January Transferred to finished goods in January Inventory in process, January 31 a a U G E lllml mm mm Total costs assigned by the Filling Department 2. Journalize the entries for (1) costs transferred from Reaction to Filling and (2) the cost transferred from Filling to Finished Goods. If an amount box does not require an entry, leave it blank. (1) Work in Process-Filling Department Work in Process-Reaction Department (2) Finished Goods 00 Work in Process-Filling Department Feedback 3. Determine the increase or decrease in the cost per equivalent unit from December to January for direct materials and conversion costs. If required, round your answers to two decimal places. Increase or Decrease Amount Change in direct materials cost per equivalent unit Decrease +A Change in conversion cost per equivalent unit Increase