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How do you make a cost of production report, using the weighted average method, and identify the missing amounts for Work in Process?Roasting Department?? Assume

How do you make a cost of production report, using the weighted average method, and identify the missing amounts for Work in Process?Roasting Department??

Assume that direct materials are placed in process during production. If required, round your cost per equivalent unit answer to two decimal places.

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4:03 '1 all 5? E} a v2.cengagenow.com [I] Chapter 17 Cost of Production Report: Weighted average method Sunrise Coffee Company roasts and packs coffee beans. The process begins in the Roasting Department. From the Roasting Department, the coffee beans are transferred to the Packing Department. The following is a partial work in process account of the Roasting Department at December 31: ACCOUNT Work in Process-Roasting Department ACCOUNT NO- Balanc- Date Item Debit Credit Dela" Credlt 9 Dec. 1 Bal... 17,800 unis, 30% completed 42,106 31 Direct materials, 307,900 units 412,536 454,772 31 Direct labor 236,900 691,672 3] Factory overhead 340,904 1,032,576 31 Goods transferred. 310.600 unlls ? .7 31 BBL, Z uniE, 80% completed .7 Required: Prepare a cost of production report, using the weighted average method, and identify the missing amounts for Work in ProcessRoasting Department. Assume that direct materials are placed in process during production. If required, round your cost per equivalent unit answer to two decimal places. Sunrise Coffee Company Cost of Production Report-Roasting Department For the Month Ended December 3!. LJn'l; Information Units charged to production: Inventory in process, December 1 Received from materials storeroom Total units accounted for by the Roasting Department Units to be assigned costs: Whole Equivalent U flit! U n it! of Prod u ctlun Transferred to Packing Department in December [ Inventory in process, December 31 hi; Total units to be assigned costs Cost Information Cost per equivalent unit: Total costs for December in Roasting Department Total equivalent units Cost per equivalent unit Costs assigned to production: Inventory in process, December 1 COSIS incurred In December Total costs accounted for by the Roasting Department Costs allocated to completed and partially completed units: Transferred to Packing Department in December Inventory in process, December 31 Innilinfhhnt Total costs assigned by the Roasting Department 6 on

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