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Cost of Production Report: Weighted average rathed Surrs Callee Company roasts and packs coffee beans. The process begins in the Roasting Departurient. From the Ruesting
Cost of Production Report: Weighted average rathed Surrs Callee Company roasts and packs coffee beans. The process begins in the Roasting Departurient. From the Ruesting Department, the cultee beansere bransferred to the Palking Department. The following is partial work in process attuunt of the Roasting Department at December 31: ACCOUNT Work in Process Roasting Department ACCOUNT NO. Balance Data Item Debit Credit Debit Credit Dec. 1 bal., 19,300 units, 25% completed 31 Direct malerials, 273,900 units 57,240 599,173 31 Direct labor 302.024 491,09/ 31 Factory overhead 425,423 1,326,500 91 Goods transferred, 336,800 units 31 Bal., units, 75% cumpleted 2 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 clect materials are placed in process cluring production. If required, round your cost per quivalent until answer to two decimal places Sunrisa Coffee Company Cost of Production Report-Roasting Department For the Month Ended December 33 Unit Information Units charged to production: Inventary in proes, December 1 Received from materials storeroom Total units accounted for by the Roasting Department Unis L Litt assigned custs: Whole Units Equivalent Units of Production 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 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 000 000 Inventory in process, December 31 Total costs assigned by the Roasting Department
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