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 ProcessRoasting Department ACCOUNT NO.

Date	Item	Debit	Credit	Balance Debit	Balance Credit
December 1	Bal., 11,300 units, 60% completed			28,476
31	Direct materials, 195,500 units	279,565		308,041
31	Direct labor	151,276		459,317
31	Factory overhead	217,691		677,008
31	Goods transferred, 197,200 units		?	?
31	Bal., ? units, 20% completed			?

Prepare a cost of production report, using the weighted average method, and identify the missing amounts for Work in ProcessRoasting Department. Assume that direct materials are placed in process during production. If required, round your cost per equivalent unit answer to the nearest cent.

Sunrise Coffee Company Cost of Production ReportRoasting Department For the Month Ended December 31

Units	Whole Units	Equivalent Units of Production
Units charged to production:
Inventory in process, December 1	fill in the blank 1
Received from materials storeroom	fill in the blank 2
Total units accounted for by the Roasting Department	fill in the blank 3
Units to be assigned costs:
Transferred to Packing Department in December	fill in the blank 4	fill in the blank 5
Inventory in process, December 31	fill in the blank 6	fill in the blank 7
Total units to be assigned costs	fill in the blank 8	fill in the blank 9

Costs	Costs
Cost per equivalent unit:
Total costs for December in Roasting Department	$fill in the blank 10
Total equivalent units	fill in the blank 11
Cost per equivalent unit	$fill in the blank 12
Costs charged to production:
Inventory in process, December 1	$fill in the blank 13
Costs incurred in December	fill in the blank 14
Total costs accounted for by the Roasting Department	$fill in the blank 15
Costs allocated to completed and partially completed units:
Transferred to Packing Department in December	$fill in the blank 16
Inventory in process, December 31	fill in the blank 17
Total costs assigned by the Roasting Department	$fill in the blank 18