Cost of Production Report The debits to Work in Process-Roasting Department for Morning Brew Coffes Company for August, together with i are as follows: Work in process, August 1, 700 pounds, 40% completed $4,228 Direct materials (700 X S5.2) $3,640 $588 S4,228 Conversion (700 x 40% x $2.1) Coffee beans added during August, 22,000 pounds Conversion costs during August Work in process, August 31, 1,100 pounds, 60% completed Goods finished during August, 21,600 pounds All direct materials are placed in process at the beginning of production. a. Prepare a cost of production report, presenting the following computations: 113,300 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 et August 31 If an amount is zero, enter in "O". For the cost per equivalent unit, round your answer to two decimal places Morning Brew Coffee Company Cost of Production Report-Roasting Department For the Month Ended 31 Units charged to production: Inventory in process, August1 Received from msterials storeroom Total units accounted for by the Roasting Department Urits to be assigned costs: Equivalent Units Whole Direct Units Materials Inwentory in process, August1 Started and completed in Aucust Transferred to finished gcods in August nventory in process, August 31 Total units to be assigned costs Costs per equvalent unit: Direct Materials Conversion Total costs for August in Roasting Department Total equivalent units Cost per equivalent unt ( Costs assigned to producton: Total Materials Conversion tnventory in process, August 1 Costs incurred in August Total costs accounted for by the Roastng Department Costs alocated to completed and partaly completed units: Inventory in process, August 1 balance To complete iventory in process, August 1 Cost of completed August 1 work in process Started and completed in August Transferred to firished goods in August (3) Lnventory 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 Change in direct materials cost per equivalent unit Change in conversion cost per equivalent unit