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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
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: 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. Check My Work Determine the number of whole units to be accounted for and to be assigned costs. Calculate the equivalent units for the units transferred and the units in the ending inventory. Consider the number of units that were started and completed in the period. Also calculate how many units were started but still in process at the end of the period. How complete are the units in ending work in process? 1 more Check My Work uses remaining
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