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Cost of Production Report

Hana Coffee Company roasts and packs coffee beans. The process begins by placing coffee beans into the Roasting Department. From the Roasting Department, coffee beans are then transferred to the Packing Department. The following is a partial work in process account of the Roasting Department at July 31:

ACCOUNT Work in ProcessRoasting Department	ACCOUNT NO.
Date	Item	Debit	Credit	Balance
Debit	Credit
July	1	Bal., 6,600 units, 2/5 completed			22,176
	31	Direct materials, 297,000 units	920,700			942,876
	31	Direct labor	191,200			1,134,076
	31	Factory overhead	47,776			1,181,852
	31	Goods transferred, 298,000 units		?
	31	Bal., ? units, 3/5 completed			?

Required:

1. Prepare a cost of production report, and identify the missing amounts for Work in ProcessRoasting Department. If an amount is zero, enter "0". When computing cost per equivalent units, round to two decimal places.

Hana Coffee Company
Cost of Production Report-Roasting Department
For the Month Ended July 31
Unit Information
Units charged to production:
Inventory in process, July 1	fill in the blank 8d180dff403f015_1
Received from materials storeroom	fill in the blank 8d180dff403f015_2
Total units accounted for by the Roasting Department	fill in the blank 8d180dff403f015_3
Units to be assigned costs:
		Equivalent Units
	Whole Units	Direct Materials	Conversion
Inventory in process, July 1	fill in the blank 8d180dff403f015_4	fill in the blank 8d180dff403f015_5	fill in the blank 8d180dff403f015_6
Started and completed in July	fill in the blank 8d180dff403f015_7	fill in the blank 8d180dff403f015_8	fill in the blank 8d180dff403f015_9
Transferred to Packing Department in July	fill in the blank 8d180dff403f015_10	fill in the blank 8d180dff403f015_11	fill in the blank 8d180dff403f015_12
Inventory in process, July 31	fill in the blank 8d180dff403f015_13	fill in the blank 8d180dff403f015_14	fill in the blank 8d180dff403f015_15
Total units to be assigned costs	fill in the blank 8d180dff403f015_16	fill in the blank 8d180dff403f015_17	fill in the blank 8d180dff403f015_18
Cost Information
Cost per equivalent unit:
	Direct Materials	Conversion
Total costs for July in Roasting Department	$fill in the blank 8d180dff403f015_19	$fill in the blank 8d180dff403f015_20
Total equivalent units	fill in the blank 8d180dff403f015_21	fill in the blank 8d180dff403f015_22
Cost per equivalent unit	$fill in the blank 8d180dff403f015_23	$fill in the blank 8d180dff403f015_24
Costs assigned to production:
	Direct Materials	Conversion	Total
Inventory in process, July 1			$fill in the blank 8d180dff403f015_25
Costs incurred in July			fill in the blank 8d180dff403f015_26
Total costs accounted for by the Roasting Department			$fill in the blank 8d180dff403f015_27
Costs allocated to completed and partially completed units:
Inventory in process, July 1 balance			$fill in the blank 8d180dff403f015_28
To complete inventory in process, July 1	$fill in the blank 8d180dff403f015_29	$fill in the blank 8d180dff403f015_30	fill in the blank 8d180dff403f015_31
Cost of completed July 1 work in process			$fill in the blank 8d180dff403f015_32
Started and completed in July	fill in the blank 8d180dff403f015_33	fill in the blank 8d180dff403f015_34	fill in the blank 8d180dff403f015_35
Transferred to Molding Department in July			$fill in the blank 8d180dff403f015_36
Inventory in process, July 31	fill in the blank 8d180dff403f015_37	fill in the blank 8d180dff403f015_38	fill in the blank 8d180dff403f015_39
Total costs assigned by the Roasting Department			$fill in the blank 8d180dff403f015_40

2. Assuming that the July 1 work in process inventory includes $19,800 of direct materials, determine the increase or decrease in the cost per equivalent unit for direct materials and conversion between February and July. If required, round your answers to the nearest cent.

	Increase or Decrease	Amount
Change in direct materials cost per equivalent unit	DecreaseIncrease	$fill in the blank ec3eb4093fc3019_2
Change in conversion cost per equivalent unit	DecreaseIncrease	$fill in the blank ec3eb4093fc3019_4