eBook Cost of Production Report Lul 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 March 311 ACCOUNT Work In Process-Roasting Department ACCOUNT NO. Balance Balance Date Item Debit Credit Debit Credit March 1 Bal, 4,700 units, 4/5 completed 10,246 31 Direct materials, 211,500 units 380,700 390,946 31 Direct labor 83,600 474,546 31 Fectory overheed 20,940 495,486 31 Goods transferred. 212,000 units 31 Bal, Zunits, 1/5 completed Requiredi 1. Prepare a cost of production report, and identify the missing amounts for Work in Process-Roasting Department. If an amount is vero, enter "0". When computing cost per equivalent units, round to the nearest cent Lui Coffee Company Cost of Production Report-Roasting Department For the Month Ended March 31 Units Units charged to production Inventory in process, March 1 Received from materiais storeroom Total units accounted for by the Roasting Whole Units Equivalent Units Equivalent Units Direct Materials Conversion Units Units charged to production: Inventory in process, March 1 Lul Coffee Company Cost of Production Report-Roasting Department For the Month Ended March 31 Received from materials storeroom Total units accounted for by the Roasting Department Units to be assigned costs Inventory in process, March 1 Started and completed in March Transferred to Packing Department in March Inventory in process, March 31 Total units to be assigned costs Costs Cost per equivalent unit Total costs for March in Roasting Department Total equivalent units Equivalent Units Equivalent Units Whole Units Direct Materials Conversion 4,700 Coats Direct Materials Conversion Total 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 Tutal 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 Costs Direct Materials Conversion Total 2. Assuming that the March 3 work in process inventory includes $7,990 of direct materials, determine the increase or decrease in the cost per equivalent unit for airc materials and conversion between February and March. If required, round your answers to two decimal places. Change in direct materials cost per equivalent unit Increase or Decrease Amount 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 $7,990 of direct materials, determine the increase or decrease in the cost per equivalent unit for direct materials and conversion 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 Increase or Decrease Amount Check My Wo 1. Calculate equivalent units for materials and conversion costs. Calculate the cost per equivalent unit for materials and conversion costs. Calculate the costs assigned to the beginning inventory, the units started and completed, and the ending inventory 2. Compare the costs per equivalent unit for February and March. The costs per equivalent unit for materials and conversion for February are in the March 1 work in process inventory. The materials amount is given Check My Work Previous