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Cost of Production Report

Lui Coffee Company roasts and packs coffee beans. The process begins by placing coffee beans into the Roasting Department. From the Roasting Department, coffee bear Packing Department. The following is a partial work in process account of the Roasting Department at March $31$ :

ACCOUNT Work in Process$-$Roasting Department

ACCOUNT NO$.$

$\backslash$table$[[$Date$,$Item,Debit,Credit,$\backslash$table$[[$Balance$],[$Debit$]],\backslash$table$[[$Balance$],[$Credit$]]],[$March $1,$Bal., $25,000$ units, $10\%$ completed,$*,,21,250,],[31,$Direct materials, $600,000$ units,$450,000,,471,250,],[31,$Direct labor,$244,600,,715,850,],[31,$Factory overhead,$415,820,,1,131,670,],[31,$Goods transferred, $605,000$ units,,?,,$]]$

$31$ Bal., $?$ units, $45\%$ completed

$?$

Required:

$.$ Prepare a cost of production report, and identify the missing amounts for Work in Process$-$Roasting Department. If an amount is zero, enter $"0".$ When computing o the nearest cent.

Lui Coffee Company

Cost of Production Report$-$Roasting Department

For the Month Ended March $31$

Units

Equivalent Units

Equivalent Units

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Inventory in process, March $31$

Total units to be assigned costs

$\backslash$table$[[$Costs$],[$Cost per equivalent unit:$],[$Total costs for March in Roasting Department$],[$Total equivalent units$],[$Cost per equivalent unit$]]$

Costs assigned to production:

Inventory in process, March $1$

costs incurred in March

Total costs accounted for by the Roasting Department

costs allocated to completed and partially completed units:

Inventory in process, March $1$ balance

To complete inventory in process, March $1$

Cost of completed March $1$ work in process

Started and completed in March

Transferred to finished goods in March

Inventory in process, March $31$

Total costs assigned by the Roasting Department

$2.$ Assuming that the March $1$ work in process inventory includes $$18,500$ of direct materials, determine the increase or decrease in the cost per equivalent between February and March. If required, round your answers to two decimal places.

Change in direct materials cost per equivalent unit

Change in conversion cost per equivalent unit

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