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M Reset your passwor X Homework Help - ( X - Fal21_ACCT-102_20 x CengageNOWv2|( x MindTap - Cengage X > 2. Assuming that t) > > course hero - Bing x Forgot Password - X + X -> C A & https://v2.cengagenow.com/ilmn/takeAssignment/takeAssignmentMain.do?inprogress=true Chapter 17 Homework eBook Print Item Cost of Production Report (?) Hana 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 July 31: ACCOUNT Work in Process-Roasting Department ACCOUNT NO. Balance Date Item Debit Credit Debit Credit July 1 Bal., 5,800 units, 3/5 completed 14,616 31 Direct materials, 261,000 units 574,200 588,816 31 Direct labor 124,700 713,516 31 Factory overhead 31,204 744,720 31 Goods transferred, 261,000 units 31 Bal., 2 units, 2/5 completed Required: 1. Prepare a cost of production report, and identify the missing amounts for Work in Process-Roasting Department. If an amount is zero, enter "0". When computing cost per equivalent units, round to two decimal places. Hana Coffee Company Cost of Production Report-Roasting Department For the Month Ended July 31 Unit Information Units charged to production: Inventory in process, July 1 5,800 Received from materials storeroom 261,000 Total units accounted for by the Roasting Department 266,800 Units to be assigned costs: Equivalent Units Whole Units Direct Materials Conversion Inventory in process, July 1 5,800 V ov 2,320 V Check My Work Previous Next Assignment Score: 84.32% All work saved Email Instructor Save and Exit Submit Assignment for Grading 4:56 PM Type here to search O i N 94.F AQ1 97 ~ $3 () ( 9/11/2021 EM Reset your passwor X Homework Help - ( X - Fal21_ACCT-102_20 x CengageNOWv2|( X MindTap - Cengage X > 2. Assuming that th > > course hero - Bing x Forgot Password - X + X -> C n & https://v2.cengagenow.com/ilmn/takeAssignment/takeAssignmentMain.do?inprogress=true Chapter 17 Homework eBook Print Item For the Month Ended July 31 ? Unit Information Units charged to production: Inventory in process, July 1 5,800 V Received from materials storeroom 261,000 V Total units accounted for by the Roasting Department 266,800 Units to be assigned costs: Equivalent Units Whole Units Direct Materials Conversion Inventory in process, July 1 5,800 2,320 Started and completed in July 255,200 255,200 255,200 Transferred to Packing Department in July 261,000 255,200 257,520 Inventory in process, July 31 5,800 5,800 2,320 Total units to be assigned costs 266,800 261,000 259,840 Cost Information Cost per equivalent unit: Direct Materials Conversion Total costs for July in Roasting Department $ 574,200 $ 155,904 V Total equivalent units 261,000 259,840 V Cost per equivalent unit 2.2 $ J.6 Costs assigned to production: Direct Materials Conversion Total Inventory in process, July 1 14,616 Costs incurred in July 730,104 Check My Work Previous Next Assignment Score: 84.32% All work saved Email Instructor Save and Exit Submit Assignment for Grading Type here to search N 4:57 PM 94.F AQ1 97 ~ 93 () ( 9/11/2021 EM Reset your passwor X Homework Help - ( X - Fal21_ACCT-102_20 x CengageNOWv2 |( x MindTap - Cengage X 1 2. Assuming that th > > course hero - Bing X Forgot Password - X + X -> C A & https://v2.cengagenow.com/ilm/takeAssignment/takeAssignmentMain.do?inprogress=true Chapter 17 Homework eBook Print Item Direct Materials Conversion Total ? Inventory in process, July 1 $ 14,616 Costs incurred in July 730,104 V Total costs accounted for by the Roasting Department 744,720 V Costs allocated to completed and partially completed units: Inventory in process, July 1 balance 14,616 V To complete inventory in process, July 1 0 $ 1,392 1,392 V Cost of completed July 1 work in process 16,008 Started and completed in July 561,440 153,120 714,560 Transferred to Molding Department in July 730,568 Inventory in process, July 31 12,760 1,392 14,152 Total costs assigned by the Roasting Department 744,720 Feedback Check My Work 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. Assuming that the July 1 work in process inventory includes $12,180 of direct materials, determine the increase or decrease in the cost per equivalent unit for direct materials and conversion between February and July. If required, round your answers to the nearest cent. Increase or Decrease Amount Change in direct materials cost per equivalent unit Increase Change in conversion cost per equivalent unit Decrease Feedback Check My Work Previous Next Assignment Score: 84.32% All work saved Email Instructor Save and Exit Submit Assignment for Grading Type here to search N 4:57 PM 92"F Sunny ^ 9350 4 9/11/2021 E

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