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Cost of Production Report Lui Coffee Company roasts and pocks coffee beans. The process begins by placing coffee beans into the Roasting Department. From the
Cost of Production Report
Lui Coffee Company roasts and pocks 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 :
Required:
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.
Lui Coffee Company
Cost of Production ReportRoasting Department
For the Month Ended March
Units charged to production:
Inventory in process, March
Received from materials storeroom
Total units accounted for by the Roasting Department
Units to be assigned costs:
Inventory in process, March
Started and completed in March
Transferred to Packing Department in March
Inventory in process, March
Total units to be assigned costs
Assuming that the March work in process inventory includes $ of direct materials, determine the increase or decrease in the cost per equivalent unit for dire
materials and conversion between February and March. If required, round your answers to two decimal places.
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