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managerial accounting tps://v2.cengagenow.com/ilmn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&in... G eBook Print Item Cost of Production Report: Weighted average method Sunrise Coffee Company roasts and packs coffee beans. The process begins

managerial accounting

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tps://v2.cengagenow.com/ilmn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&in... G eBook Print Item 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. Balance Date Item Debit Credit Debit Credit Dec. 1 Bal., 13,900 units, 30% completed 40,171 31 Direct materials, 240,500 units 394,420 434,591 31 Direct labor 224,830 659,421 31 Factory overhead 323,535 982,956 31 Goods transferred, 242,600 units 31 Bal., ? units, 80% completed Required: Prepare 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. Sunrise Coffee Company Cost of Production Report-Roasting Department For the Month Ended December 31 Unit 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: Previous Check My Work Save and Exit Submit Assignment for 560F Clear ~ 93 (7 4x 7:0 10/

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