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eBook Main.do?invakere&takeAssignmentSessionLocator &inprogress=false Print Item Cost of Production Report The debits to Work in Process-Roasting Department for Morning Brew Coffee Company for August, together with

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed eBook Main.do?invakere&takeAssignmentSessionLocator &inprogress=false Print Item Cost of Production Report The debits to Work in Process-Roasting Department for Morning Brew Coffee Company for August, together with information concerning production, are as follows: Work in process, August 1, 1,100 pounds, 50% completed Direct materials (1,100 x $5.20) Conversion (1,100 x 50% x $2.10) Coffee beans added during August, 34,000 pounds Conversion costs during August $6,875* $5,720 1,155 $6,875 175,100 74,822 Work in process, August 31, 1,800 pounds, 70% completed Goods finished during August, 33,300 pounds All direct materials are placed in process at the beginning of production. a. Prepare a cost of production report, presenting the following computations: 1. Direct materials and conversion equivalent units of production for August 2. Direct materials and conversion costs per equivalent unit for August 3. Cost of goods finished during August 4. Cost of work in process at August 31 If an amount is zero, enter in "0". For the cost per equivalent unit, round your answer to two decimal places. Morning Brew Coffee Company Cost of Production Report-Roasting Department Units charged to production: For the Month Ended August 31 Inventory in process, August 1 Received from materials storeroom Unit Information Check My Work 2 more Check My Work uses remaining. Previous Next > Save and Exit Submit Assignment for Grading en If an amount is zero, enter in "0". For the cost per equivalent unit, round your answer to two decimal places. Morning Brew Coffee Company Cost of Production Report-Roasting Department For the Month Ended August 31 Unit Information Units charged to production: Inventory in process, August 1 Received from materials storeroom Total units accounted for by the Roasting Department Units to be assigned costs: Inventory in process, August 1 Started and completed in August Transferred to finished goods in August Inventory in process, August 31 Equivalent Units Direct Whole Units Materials Conversion (1) (1) Total units to be assigned costs Cost Information Cost per equivalent unit: Direct Materials Conversion Total costs for August in Roasting Department Total equivalent units Check My Work 2 more Check My Work uses remaining 000 600 11 Save and Exit Previous Next Submit Assignment for Grading F7 FB F10 F11 F12 Total costs for August in Roasting Department Total equivalent units Cost per equivalent unit (2) Costs assigned to production: Direct Materials Conversion Direct Total Materials Conversion Inventory in process, August 1 Costs incurred in August Total costs accounted for by the Roasting Department Costs allocated to completed and partially completed units: Inventory in process, August 1 balance To complete inventory in process, August 1 Cost of completed August 1 work in process Started and completed in August Transferred to finished goods in August (3) Inventory in process, August 31 (4) Total costs assigned by the Roasting Department 00000 000 0 0 0 000 b. Compute and evaluate the change in cost per equivalent unit for direct materials and conversion from the previous month (July). If required, round your answers to the nearest cent. Change in direct materials cost per equivalent unit Check My Work 2 more Check My Work uses remaining F3 S 000 COO 14 % 26 > Save and Exit Submit Assignment for Grading 18 F10 F11 F12 1 11 Total equivalent units Cost per equivalent unit (2) Costs assigned to production: Direct 88 Materials Conversion Total Inventory in process, August 1 Costs incurred in August Total costs accounted for by the Roasting Department Costs allocated to completed and partially completed units: Inventory in process, August 1 balance To complete inventory in process, August 1 Cost of completed August 1 work in process Started and completed in August Transferred to finished goods in August (3) Inventory in process, August 31 (4) Total costs assigned by the Roasting Department 000 0 0 0 1000000 b. Compute and evaluate the change in cost per equivalent unit for direct materials and conversion from the previous month (July). If required, round your answers to the nearest cent Change in direct materials cost per equivalent unit Change in conversion cast per equivalent unt Check My Work 2 more Check My Work using 22 0002 $ 4 54 #3 E R % 85 9 > T Y " Increase or Decrease 11 " & 87 7 +8 8 9 1 0 Amount Previous Next Save and Ex Submit Assignment for Grading O P 11+

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