Cost of Production Report The debits to Work in Process --Roasting Department for Morning Brew Coffee Company for August, together with information concerning production, are as follows: Work in process, August 1, 1,000 pounds, 60% completed $5,060 "Direct materials (1.000 X $4.10) $4,100 Conversion (1,000 X 60% X $1.60) 960 $5,060 125,550 51,476 Coffee beans added during August 31,000 pounds Conversion costs during August Work in process, August 31, 1,600 pounds, 30% completed Goods finished during August, 30,400 pounds All direct materials are placed in process at the beginning of production a. Prepare a cost of production report, presenting the following computation: 1. Direct materials and conversion equivalent units of production for August 2. Direct materials and conversion costs per equivalent unit for August 3. Cost of goods finished during August 4. Cost of work in process at August 31 If an amount is rero, enter in "0". For the cost per covalent unit, round your answer to two decimal places