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, 1,200 pounds, completed "Direct materials (1.200 X 54.5) $5,400 Conversion (1,200 X 60% X 51.8) $1.00 36,696 Coffee beans added during August, 38,000 pounds 169,100 Conversion costs during August Work in process, August 31, 2,000 pounds, os completed Goods finished during August, 37,200 pounds All direct materials are placed in process at the beginning of production a. Prepare a cost of production report, presenting the following computations: 1. Direct materials and conversion equivalent units of production for August 2. Direct materials and conversion cost 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 ere, enter in For the cost per equivalent unit, round your answer to two decinal places Morning Brew Coffee Company Cost of Production Report Roasting Department Units charged to production Inventory in process, Augusti Received from material toreroom Total accounted for by the Roasting Department Units to be assigned costs Faulent Units Direct Materials Conversion Inventory in process, Augusti Started and completed in August erred to finished goods in August Inventory in proces, August 31 T Check My Work 2 more Check My Work uses remaining 20-3 Exercises & Problems Inventory in process, Augusti Started and completed in August Transferred to finished goods in August Inventory in process, August 31 Total units to be assigned costs Couts per equivalent unit: Total costs for Augustin Roasting Department Total equivalent units Cost per equivalent (2) Costs assigned to production Direct Materials Conversion Inventory in process, August 1 Costs incurred in August Total costs counted for by the Roasting Department Costs located to completed and partially completed units: Inventory in process, August 1 balance To complete inventory in process, August 1 Cost of completed August I 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 b. Compute and evaluate the change in cost per equivalent unit for direct materials and conversion from the previous month (July). If required, round your answers to the nearest cent. Increase or Decrease Amount Change in direct materials cost per equivalent unit Change in conversion cost per equivalent unit