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he debits to Work in Process Roasting Department for Morning Brew Coffee Company for August, together with information concerning production, are as follows: Line Item
he debits to Work in ProcessRoasting Department for Morning Brew Coffee Company for August, together with information concerning production, are as follows: Line Item Description Amount Amount Work in process, August pounds, completed $ Direct materials times $ $ Conversion times times $ Total $ Coffee beans added during August, pounds Conversion costs during August Work in process, August pounds, completed Goods finished during August, pounds All direct materials are placed in process at the beginning of production. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. Open spreadsheet a Prepare a cost of production report, presenting the following computations: Direct materials and conversion equivalent units of production for August Direct materials and conversion costs per equivalent unit for August Cost of goods finished during August Cost of work in process at August If an amount is zero, enter in For the cost per equivalent unit, round your answer to the nearest cent. Morning Brew Coffee Company Cost of Production ReportRoasting Department For the Month Ended August Units Whole Units Equivalent Units Direct Materials Equivalent Units Conversion Units charged to production: Inventory in process, August fill in the blank Received from materials storeroom fill in the blank Total units accounted for by the Roasting Department fill in the blank Units to be assigned costs: Inventory in process, August fill in the blank fill in the blank fill in the blank Started and completed in August fill in the blank fill in the blank fill in the blank Transferred to finished goods in August fill in the blank fill in the blank fill in the blank Inventory in process, August fill in the blank fill in the blank fill in the blank Total units to be assigned costs fill in the blank fill in the blank fill in the blank Costs Costs Direct Materials Conversion Total Costs Cost per equivalent unit: Total costs for August in Roasting Department $fill in the blank $fill in the blank Total equivalent units fill in the blank fill in the blank Cost per equivalent unit $fill in the blank $fill in the blank Costs assigned to production: Inventory in process, August $fill in the blank Costs incurred in August fill in the blank Total costs accounted for by the Roasting Department $fill in the blank Costs allocated to completed and partially completed units: Inventory in process, August balance $fill in the blank To complete inventory in process, August $fill in the blank $fill in the blank fill in the blank Cost of completed August work in process $fill in the blank Started and completed in August fill in the blank fill in the blank fill in the blank Transferred to finished goods in August $fill in the blank Inventory in process, August fill in the blank fill in the blank fill in the blank Total costs assigned by the Roasting Department $fill in the blank 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 two decimal places.
he debits to Work in ProcessRoasting Department for Morning Brew Coffee Company for August, together with information concerning production, are as follows:
Line Item Description Amount Amount
Work in process, August pounds, completed $
Direct materials times $ $
Conversion times times $
Total $
Coffee beans added during August, pounds
Conversion costs during August
Work in process, August pounds, completed
Goods finished during August, pounds
All direct materials are placed in process at the beginning of production.
This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below.
Open spreadsheet
a Prepare a cost of production report, presenting the following computations:
Direct materials and conversion equivalent units of production for August
Direct materials and conversion costs per equivalent unit for August
Cost of goods finished during August
Cost of work in process at August
If an amount is zero, enter in For the cost per equivalent unit, round your answer to the nearest cent.
Morning Brew Coffee Company
Cost of Production ReportRoasting Department
For the Month Ended August
Units Whole Units Equivalent Units
Direct Materials Equivalent Units
Conversion
Units charged to production:
Inventory in process, August fill in the blank
Received from materials storeroom fill in the blank
Total units accounted for by the Roasting Department fill in the blank
Units to be assigned costs:
Inventory in process, August fill in the blank
fill in the blank
fill in the blank
Started and completed in August fill in the blank
fill in the blank
fill in the blank
Transferred to finished goods in August fill in the blank
fill in the blank
fill in the blank
Inventory in process, August fill in the blank
fill in the blank
fill in the blank
Total units to be assigned costs fill in the blank
fill in the blank
fill in the blank
Costs
Costs Direct Materials Conversion Total Costs
Cost per equivalent unit:
Total costs for August in Roasting Department $fill in the blank
$fill in the blank
Total equivalent units fill in the blank
fill in the blank
Cost per equivalent unit $fill in the blank
$fill in the blank
Costs assigned to production:
Inventory in process, August $fill in the blank
Costs incurred in August fill in the blank
Total costs accounted for by the Roasting Department $fill in the blank
Costs allocated to completed and partially completed units:
Inventory in process, August balance $fill in the blank
To complete inventory in process, August $fill in the blank
$fill in the blank
fill in the blank
Cost of completed August work in process $fill in the blank
Started and completed in August fill in the blank
fill in the blank
fill in the blank
Transferred to finished goods in August $fill in the blank
Inventory in process, August fill in the blank
fill in the blank
fill in the blank
Total costs assigned by the Roasting Department $fill in the blank
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 two decimal places.
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