Cost of Production Report The debits to Work 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, 40% completed $4,872* *Direct materials (1,200 X $3.5) $4,200 Conversion (1,200 X 40% X $1.4) $672 $4,872 Coffee beans added during August, 38,000 pounds 131,100 Conversion costs during August 56,880 Work in process, August 31, 2,000 pounds, 60% 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 f 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 process at August 31 two decimal places. If an amount is zero, enter in "0". For the cost per equivalent unit, round your answen Morning Brew Coffee Company Cost of Production Report-Roasting Department For the Month Ended August 31 Unit Information Units charged to production: Inventory in process, August 1 Received from materials storeroom Tntal unite arrountad for hur tho Dnactinn Denartment Previous Next 2 more Check My Work uses remaining. Check My Work All work saved. Save and Exit Email Instructor Submit Assignment for Grading 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 4. Cost of work in process at August 31 If an amount zero, enter in "0". For the cost per equivalent unit, round your answer to two decimal places. Morning Brew Coffee Company f Production Report-Roasting Department For the Month Ended August 31 Cost Unit Information Units charged to production: Inventory in process, August 1 Received from materials storeroom Total units accounted for by the Roasting Department Units to assigned costs: Equivalent Units Direct Materials (1) hole Units Conversion (1) Inventory in process, August 1 Started and completed in August finished goods Transferred August Inventory in process, August 3 Total units to be assigned costs Cost Information Costs per equivalent unit: Direct Materials Conversion Previous Next Check My Work more Check My Work uses remaining. All work saved. Email Instructor Submit Assignment for Grading Save and Exit Total units accounted for by the Roasting Department Units to be assigned costs: Equivalent Units Direct Materials Whole Units Conversion (1) (1 process, August 1 Inventory Started and completed August Transferred to finished goods in August Inventory process, August 31 Total units to be assigned costs Cost Information Costs per equivalent unit: Direct Materials Conversion Total costs for August in Roasting Department Total equivalent units $ Cost per equivalent unit (2) Costs assigned to production: Direct Total Materials Conversion Inventory process, August 1 Costs incurred in August Total costs accounted for by the Roasting Department Costs allocated completed and partially completed units: Inventory process, August 1 balance Check My Work Previous Next 2 more Check My Work uses remaining. Email Instructor Submit Assignment for Grading All work saved. Save and Exit eBook Calculator Total oosts for August in Roasting Department Total equivalent units Cost per equivalent unit (2) Costs assigned to production Direct Materials Conversion Total Inventory in process, August 1 Costs incurred in August Total costs accounted for by the Roasting Department Costs allocated to completed and 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 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 Check My Work 2 more Check My Work uses remaining. Previous Next Submit Assignment for Grading Email Instructor Save and Exit All work saved