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 Process-Roasting Department ACCOUNT NO. Balance Date Item Debit Credit Debit Credit July 1 Bal., 7,900 units, 80% completed 12,798 31 Direct materials, 316,000 units 442,400 455,198 31 Direct labor 74,900 530,098 31 Factory overhead 18,718 548,816 31 Goods transferred, 317,000 units ? 31 Bal., 2 units, 20% completed 7 Required: 1. Prepare a cost of production report, and identify the missing amounts for Work in Process-Roasting Department. If an amount box does not require an entry, leave it blank. When computing cost per equivalent units, round to two decimal places. 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 7.900 316,000 Received from materials storeroom 323,900 Total units accounted for by the Roasting Department Units to be assigned costs: Equivalent Units Whole Units Direct Materials Conversion 0 580 7,900 Inventory in process, July 1 317,000 X 317,000 Started and completed in July 317,000 X Transferred to Packing Department in July 324,900 X 318,580 X 317,000 X 6,900 6,900 1.380 Inventory in process, July 31 331,800 X 323.900 X 319.960 Total units to be assigned costs Cost Information Costs per equivalent unit: Direct Materials Conversion Total costs for July in Roasting Department 442.400 455.198 323,900 X 319,960 X Total equivalent units 1.37 X 1.42 Cost per equivalent unit Costs charged to production: Costs per equivalent unit: Direct Materials Total costs for July in Roasting Department Conversion 442,400 455,198 x Total equivalent units 323,900 X 319,960 X Cost per equivalent unit 1.37 X $ 1.42 x Costs charged to production: Direct Materials Conversion Total Inventory in process, July 1 12,798 Costs incurred in July 897,598 X 910,396 X Total costs accounted for by the Roasting Department Cost allocated to completed and partially completed units: Inventory in process, July 1 balance 12,798 To complete inventory in process, July 1 0 2,248 2,248 X Cost of completed July 1 work in process 12,046 X Started and completed in July 432,976 x 450,987 X 883,963 X Transferred to Packing Department in July Inventory in process, July 31 9,424 X 1,963 X 11,387 X Total costs assigned by the Roasting Department 897,598 X 2. Assuming that the July 1 work in process inventory includes $10,270 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 the nearest cent. Increase or Decrease Amount Increase $ Change in direct materials cost per equivalent unit Increase X X Change in conversion cost per equivalent unit