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, 1,100 pounds, 50% completed

* Direct materials (1,100 $3.20) Conversion (1,100 50% $1.30)

$4,235*

$3,520

715

$4,235

Coffee beans added during August, 34,000 pounds

Conversion costs during August

Work in process, August 31, 1,800 pounds, 30% completed

Goods finished during August, 33,300 pounds

All direct materials are placed in process at the beginning of production.

107,100

46,606

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.

X

Open spreadsheet

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 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 zero, enter in "0". For the cost per equivalent unit, round your answer to the nearest cent.

Spreadsheet:

an amount is zero, enter in " 0. For the cost per equivalent unit, round your answer to the nearest cent. Merning Brew Cosfee Company Cost of Production Report-Roasting Department Far the Mrantis Fnded Aunaut at Tetal costs assigned by the Moasting 0epartment. Giange in direct meterials cost per equivalant unit x 1 a s isy Whas Cabt of Breduction Ruport he crisara an amount is zero, enter in " 0. For the cost per equivalent unit, round your answer to the nearest cent. Merning Brew Cosfee Company Cost of Production Report-Roasting Department Far the Mrantis Fnded Aunaut at Tetal costs assigned by the Moasting 0epartment. Giange in direct meterials cost per equivalant unit x 1 a s isy Whas Cabt of Breduction Ruport he crisara