Cout of Aroduction feport The detiti to work in Process-floasting Department for Daybreak Brew Caffec Company for Avdust, tocether with information Daybreas Bren Colfee Company Cost of Production Report-RGating Repartmene Pfiventomy in process, Acdust 31 Tokel utith to be astigned costs Choth per etuivainnt unit: Theal conte for AgguM in lisesting Departanecit: Total souitualent enits Cist deri taulvalent unit (2) Cotle thtighed to groductian: Iftrentary in procest, Augus: 1 Cots incurred in Augut unith Itrnneary io orocem. Aiguat 1 balonie Cost er cempleted Aagusti 1 mork in process Startid and completed in Auavi Harmiferret tai heisheit goode in Avguat (W) Inveatoce in zeicken. Aigunt a3 (a) lut osets ankuned by the fiomaine beakrtitest Oherge is emokestan tuit per maivainif int Cost of Production freport All direct materiats are placed in process at the beginning of protuction. a. Preparn a cost of production report, preserting the folioving computations 1. Direct matenals and conversion equivalent units oit production for August 2. Direct materials and conversion costs per pqurualehe unit for Aupust 3. Cost of goods finished during August 4. Cost of work in process at August 31 Imuentory i- protma, Augut. J1 Titel unita to be assenge citath Costs per equlyatent int: Fotal nasts for hagust in tibasting bepwitment Total eqtetralent units Cott per oqulvatere watt (2) Casts assigned to procuction. ffventury in pracess. Myaut 1 Entts incurwed in Arevt Fucar ofruts accousted foc ty the fonsting begiartment moste abocated to cuingieted end partially compieted uinili Inrentery in presest, Alaist I belacice To eampiete imventary io proces. Aasust 1 Cont of comsiletas duaue t wark in procesa Started and eampluted in Awgust Honshiped te friatied gsode in Augast (a) lriventeney in gubcest. Aupasi 31 (4) Total ceste insioned by the floasting Deasrtuent. Ghange in geet materials cost per nqulvalent init Change in conyersion cont per equlalent tint The debits to Work in Process-Roasting Degartment for Daybreak Brew Coffee Company for August, together with information conceening production, are as follows: Work in process, August 1, 500 pounds, 50\% $1,750 completed All direct materials are placed in process at the beginning of production a. Prepare a cost of production report; gresenting the following computations: 1. Direct materiais and corversion equivalent units of production for Auoust 2. Direct materials and conversion costs per equivalent unt for August 3. Cost of goods finished during August 4. Cost of work in process at August 31 If an amount bok does not require an entry, leave it blank. For the cost per equivalent unit, round your answer to two decimal places. b. Compute and evaluate the change in cost per equivalent unit for direct materials and conversion from the previous month (July). 5 more Check My Work uses remaining
