mentMain.do?invokera takeAssignmentSessionLocatorutinprogress false eBook Calculator 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 121,800 741,800 31.800 1 Bal., 30,000 units, 10% completed 31 Direct materials, 155,000 units 31 Direct labor 31 Factory overhead 31 Goods transferred, 149,000 units 31 Bal., 2 units, 45% completed 620,000 90,000 33.272 5.072 03.0 Required: 1. pred ost of production report, and Identify the missing amounts for Work in Process --Roasting Department When computing cost per equivalent units, round to the nearest cent. Hana Coffee Company Cost of Production Report Roasting Department For the Month Ended July 31 Inford previous work Units charged to production: Inventory in process, July 1 Received from materials storeroom 30,000 155,000 185,000 Total units accounted for by the Roasting Department Units to be assigned costs: Inventory in process, July 1 Started and completed in July Whole Units 30,000 119,000 Equivalent Units Direct Materials Conversion 0 27.000 119,000 V 119,000 Transferred to Packing Department in July Inventory in process, July 31 149,000 119,000 146,000 30,000 X 30.000 X S4,800 Accounting numeric field 276,000 1 2 70,000 TX 270,000 X Total units to be assigned costs Cost Information Cost per equivalent unit: Total costs for July in Roasting Department Total equivalent units Direct Materials $ 310,000 X 270,000 X Conversion $ 214,080 X 270,000 X 3.00 X 0.79 X Cost per equivalent unit Costs assigned to production: Inventorv in process, July 1 21.720 X mentMain.do?invokera takeAssignmentSessionLocatorutinprogress false eBook Calculator 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 121,800 741,800 31.800 1 Bal., 30,000 units, 10% completed 31 Direct materials, 155,000 units 31 Direct labor 31 Factory overhead 31 Goods transferred, 149,000 units 31 Bal., 2 units, 45% completed 620,000 90,000 33.272 5.072 03.0 Required: 1. pred ost of production report, and Identify the missing amounts for Work in Process --Roasting Department When computing cost per equivalent units, round to the nearest cent. Hana Coffee Company Cost of Production Report Roasting Department For the Month Ended July 31 Inford previous work Units charged to production: Inventory in process, July 1 Received from materials storeroom 30,000 155,000 185,000 Total units accounted for by the Roasting Department Units to be assigned costs: Inventory in process, July 1 Started and completed in July Whole Units 30,000 119,000 Equivalent Units Direct Materials Conversion 0 27.000 119,000 V 119,000 Transferred to Packing Department in July Inventory in process, July 31 149,000 119,000 146,000 30,000 X 30.000 X S4,800 Accounting numeric field 276,000 1 2 70,000 TX 270,000 X Total units to be assigned costs Cost Information Cost per equivalent unit: Total costs for July in Roasting Department Total equivalent units Direct Materials $ 310,000 X 270,000 X Conversion $ 214,080 X 270,000 X 3.00 X 0.79 X Cost per equivalent unit Costs assigned to production: Inventorv in process, July 1 21.720 X
