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Cost of Production Report: Weighted average method Sunrise Coffee Company roasts and packs coffee beans. The process begins in the Roasting Department. From the Roasting

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Cost of Production Report: Weighted average method Sunrise Coffee Company roasts and packs coffee beans. The process begins in the Roasting Department. From the Roasting Department, the coffee beans are transferred to the Packing Department. The following is a partial work in process account of the Roasting Department at December 31: ACCOUNT Work In Process - Roasting Department ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Dec. 1 Bal., 13,300 units, 75% completed 24,605 31 Direct materials, 230,100 units 241,605 266,210 31 Direct labor 131,652 397,862 31 Factory overhead 189,450.5 587,312.5 31 Goods transferred, 232,100 units 31 Bal., 2 units, 25% completed Required: Prepare a cost of production report, using the weighted average method, and identify the missing amounts for Work in Process-Roasting Department. Assume that direct materials are placed in process during production. If required, round your cost per equivalent unit answer to two decimal places Sunrise Coffee Company Cost of Production Report-Roasting Department For the Month Ended December 31 Unit Information Units charged to production: Inventory in process, December 1 Received from materials toreroom Total units accounted for by the Roasting Department Units to be assigned costs: Eulalant Units charged to production: Inventory in process, December 1 13,300 Received from materials storeroom 230,100 154,400 Total units accounted for by the Roasting Department Units to be assigned costs: Whole Units Equivalent Units of Production 232,100 Transferred to Packing Department in December Inventory in process, December 31 Total units to be assigned costs Cost Information Cost per equivalent unit: Costs Total costs for December in Roasting Department $ 587,312.5 Total equivalent units Cost per equivalent unit Costs assigned to production: Inventory in process, December 1 Costs incurred in December Total costs accounted for by the Roasting Department Costs allocated to completed and partially completed units: Transferred to Packing Department in December Inventory in process, December 31 Total costs assigned by the Roasting Department

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