Cost of Production Report The debits to Work in Process-Roasting Department for St. Arbucks Coffee Company for July 2016, together with information concerning production, are as follows: Work in process, July 1, 400 pounds, 40% completed $1,528 $1,320 *Direct materials (400 X $3.3) Conversion (400 X 40% X $1.3) $208 $1,528 Coffee beans added during July, 13,000 pounds 42,250 18,242 Conversion costs during July Work in process, July 31, 700 pounds, 70% completed Goods finished during July, 12,700 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 July 2. Direct materials and conversion costs per equivalent unit for July. 3. Cost of goods finished during July 4. Cost of work in process at July 31, 2016. If an amount is zero, enter in "0 For the cost per equivalent unit, round your answer to two decimal places St. Arbucks Coffee Company Cost of Production Report-Roasting Department For the Month Ended July 31, 2016