Cost of Production Report

Mochaccino Express 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 NO.
Date		Item	Debit		Credit		Balance
							Debit		Credit
July.	1	Bal., 63,000 units, 90% completed					344,295
	31	Direct materials, 324,000 units	1,328,400				1,672,695
	31	Direct labor	325,200				1,997,895
	31	Factory overhead	120,300				2,118,195
	31	Goods transferred, 313,000 units			?
	31	Bal., ? units, 55% completed					?

Required:

1. Prepare a cost of production report and identify the missing amounts for Work in ProcessRoasting Department. If an amount box does not require an entry, leave it blank. When computing cost per equivalent units, round to the nearest cent.

Mochaccino Express 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			fill in the blank 966c89fb9feefed_1
Received from materials storeroom			fill in the blank 966c89fb9feefed_2
Total units accounted for by the Roasting Department			fill in the blank 966c89fb9feefed_3
Units to be assigned costs:
		Equivalent Units
	Whole Units	Direct Materials	Conversion
Inventory in process, July 1	fill in the blank 966c89fb9feefed_4	fill in the blank 966c89fb9feefed_5	fill in the blank 966c89fb9feefed_6
Started and completed in July	fill in the blank 966c89fb9feefed_7	fill in the blank 966c89fb9feefed_8	fill in the blank 966c89fb9feefed_9
Transferred to Packing Department in July	fill in the blank 966c89fb9feefed_10	fill in the blank 966c89fb9feefed_11	fill in the blank 966c89fb9feefed_12
Inventory in process, July 31	fill in the blank 966c89fb9feefed_13	fill in the blank 966c89fb9feefed_14	fill in the blank 966c89fb9feefed_15
Total units to be assigned costs	fill in the blank 966c89fb9feefed_16	fill in the blank 966c89fb9feefed_17	fill in the blank 966c89fb9feefed_18
Cost Information
Costs per equivalent unit:
		Direct Materials	Conversion
Total costs for July in Roasting Department		$fill in the blank 966c89fb9feefed_19	$fill in the blank 966c89fb9feefed_20
Total equivalent units		fill in the blank 966c89fb9feefed_21	fill in the blank 966c89fb9feefed_22
Cost per equivalent unit		$fill in the blank 966c89fb9feefed_23	$fill in the blank 966c89fb9feefed_24
Costs charged to production:
	Direct Materials	Conversion	Total
Inventory in process, July 1			$fill in the blank 966c89fb9feefed_25
Costs incurred in July			fill in the blank 966c89fb9feefed_26
Total costs accounted for by the Roasting Department			$fill in the blank 966c89fb9feefed_27
Cost allocated to completed and partially completed units:
Inventory in process, July 1 balance			$fill in the blank 966c89fb9feefed_28
To complete inventory in process, July 1	$fill in the blank 966c89fb9feefed_29	$fill in the blank 966c89fb9feefed_30	fill in the blank 966c89fb9feefed_31
Cost of completed July 1 work in process			$fill in the blank 966c89fb9feefed_32
Started and completed in July	fill in the blank 966c89fb9feefed_33	fill in the blank 966c89fb9feefed_34	fill in the blank 966c89fb9feefed_35
Transferred to Packing Department in July			$fill in the blank 966c89fb9feefed_36
Inventory in process, July 31	fill in the blank 966c89fb9feefed_37	fill in the blank 966c89fb9feefed_38	fill in the blank 966c89fb9feefed_39
Total costs assigned by the Roasting Department			$fill in the blank 966c89fb9feefed_40

2. Assuming that the July 1 work in process inventory includes $256,410 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		$fill in the blank ae81d6029f9f016_2
Change in conversion cost per equivalent unit		$fill in the blank ae81d6029f9f016_4