Cost of Production Report Lui Coffee Company mass 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 311 ACCOUNT Work in Process-Roasting Department Date Item March 1 bal. 4.100 units, 2/5 completed ACCOUNT NO. Balance Balance Debit Credit Debit Credit 7,954 31 Direct materials 184.500 units 31 Direct labor 332.100 340,054 73.900 413,954 31 Factory overhead 18.500 432,434 21 Goods tranferred. 185.000 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 it zaranser " When computing cost per equivalent units, round to the nearest cent. Lui Coffee Company Cost of Production Report-Roasting Department For the Month Ended March 31 Units Unite charged to production Inventory in process March 1 haceved from materials recom Tanted for by the Reading Department Units to be assigned cust Inventory in process March 1 Equivalent Units Equivalent Units Whole Units Direct Materials Conversion Units Lui Coffee Company Cost of Production Report-Roasting Department For the Month Ended March 31 Whole Units Equivalent Units Equivalent Units Direct Materials Conversion 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: 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 Costs Cost per equivalent unit: Total costs for March in Roasting Department Total equivalent units Cost per equivalent unit Costs assigned to production: Inventory in process, March 1 Costs Direct Materials Conversion Total Costs Cost per equivalent unit Total costs for March in Roasting Department Total equivalent units Cost per equivalent unit Costs assigned to production Inventory in process March 1 Costs incurred in March Total costs accounted for by the Roasting Department Costs allocated to completed and partially completed units: Inventory in process, March 1 balance To complete inventory in process, March 11 Cost of completed March 3 work in process Started and completed in March Transferred to finished goods in March Inventory in process March 21 Total costs assigned by the Roasting Department Costs Direct Materials Conversion Total 000 000 2. Assuming that the March I work in process inventory includes $6.970 of direct materials, determina the increase or decrease in the cost per equivalent unit for direct materials and convain eteen February and Marth If required, round your answers to two decimal places. Change in direct materials cost per squivalent unt Increase or Decrease Amount Change in conversion cost per equivalent Decrease Increase Previous Ties