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, 500 pounds, 20% completed $2,274 Direct materials (500 $4.30) $2,150 Conversion (500 x 20% * $1.24) 124 $2,274 Coffee beans added during August, 10,214 pounds 42,388 Conversion costs during August 14,500 Work in process, August 31, 314 Pounds, 42% completed Goods finished during August, 10.400 pounds All direct materials are placed in process at the beginning of production This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. ? ? Open Spreadsheet whole dollar (1) Morning Brew Coffee Company Cost of Production Report-Roasting Department For the Month Ended August 31 Equivalent Units Direct Whole Materials Conversion UNITS Units (1) Units charged to production: Inventory in process, August 1 Received from materials stortroom Total units accounted for by the Roasting Department Units to be assigned costs: Inventory in process, August 1 Started and completed in August Transferred to finished goods in August Inventory in process, August 31 Total units to be assigned costs Costs Direct USUUN Show Me How Omice 365 Direct Materials Conversion Total COSTS Costs per equivalent unit: Total costs for August In Roasting Department Total equivalent units Cost per equivalent unit (2) Costs assigned to production: Inventory in process, August 1 Costs incurred in August Total costs accounted for by the Roasting Department Costs allocated to completed ad partially completed units: Inventory in process, August 1-balance To complete inventory in process, August 1 Cost of completed August 1 work in process Started and completed in August Transferred to finished goods in August (3) Inventory in process, August 31 (4) Total costs assigned by the Roasting Department 100 DOO rouvaient unit for direct materials and conversion from the previous month July. Round your answers b. Compute and evaluate the change in cost per equivalent unit for direct materials and conversion from the previous month (July). Round your answers to the nearest cent. Amount Increase or decrease Change in direct materials cost per equivalent unit Change in conversion cost per equivalent unit