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.,7,900 units, 1/5 completed 18,486 31 Direct materials, 355,500 units 817,650 836,136 171,500 1,007,636 31 Direct labor 31 Factory overhead 42,928 1,050,564 ? 31 Goods transferred, 356,000 units 31 Bal., 2 units, 2/5 completed ? Required: 1. Prepare a cost of production report, and identify the missing amounts for Work in Process-Roasting 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 7,900 Received from materials storeroom 355,500 363,400 Total units accounted for by the Roasting Department Units to be assigned costs: Equivalent Units Direct Materials Conversion Whole Units Inventory in process, July 1 7,900 Started and completed in July 348,100 348,100 348,100 Transferred to Packing Department in July Inventory in process, July 31 7,400 7,400 Total units to be assigned costs 363,400 355,500 318,100 X Cost Information Costner samiwalentinit Cost Information Cost per equivalent unit: Direct Materials Conversion Total costs for July in Roasting Department 817,650 214,428 Total equivalent units 355,500 36,400 x 2.30 0.70 X Cost per equivalent unit Costs assigned to production: Direct Materials Conversion Total Inventory in process, July 1 25,912 X 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 11,900 X 1,680 X 13,580 X 618,000 x 631,580 X Started and completed in July Transferred to Molding Department in July Inventory in process, July 31 Total costs assigned by the Roasting Department 17,020 10,500 x 642,080 x Feedback Check My Work 1. 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. 2. Assuming that the July 1 work in process inventory includes $17,380 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 Increase Change in direct materials cost per equivalent unit Change in conversion cost per equivalent unit Decrease