Hana Coffee Company Cost of Production Report - Roasting Department For the Month Ended July 31 1. Prepare a cost of production report, and identify the missing amounts for Work in ProcessRoasting Department. Check Figure: Conversion cost per equivalent unit, $0.76 2. Assuming that the July 1 work in process inventory includes $119,400 of direct materials, determine the increase or decrease in the cost per equivalent unit for direct materials and conversion between June and July. Costs assigned to production: Inventory in process, July 1 Costs incurred in Jily Totid costs accounbod for by the Rousting Department Total costs assigned by the Roasting Department 144,000 12,312 July 1, work in process. AREFI Less direct materials: HREF Comversion costs Conversion cost equivalont units Units in process Percent compkto Equmalont units July costs per equivalent unit (from part 1) June costs per equivalent unit: Total costs in Work in Process, July 1 Total equivalent units Cost per equivalent unit Increase (decrease) \begin{tabular}{|c|c|c|c|} \hline \multirow{2}{*}{\multicolumn{2}{|c|}{ Direct Materials }} & \multicolumn{2}{|c|}{ Conversion } \\ \hline & & $ & 0.70 \\ \hline \end{tabular} PR 17-2A Cost of Production Report Obj 2 . 4 Hana Coffee Company roasts and packs coffee beans. The process begins by placing cotfee 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