Morning Brew Coffee Company Cost of Production Report - Roasting Department For the Month Ended August 31 UNITS Whole Units (1) Equivalent Units Direct Material Conversion Units charged to production: Inventory in process, August 1 Received from materials storeroom Total units accounted for by the Roasting Department complete) Units to be assigned costs. Inventory in process, Augusti Started and completed in August Transferred to finished goods in August Inventory in process, August 31 ( Total units to be assigned costs complete) COSTS Direct Material Costs Conversion Total Costs per equivalent unit Total costs for Augustin Roasting Department Total equivalent units Cost per equivalent unit (2) 9 0 1 2 3 Costs assigned to production: Inventory in process, August 1 Costs incurred in August Total costs accounted for by the Roasting Department 14 15 16 17 8 49 50 51 52 53 54 Costs allocated to completed and partially completed units: Inventory in process, August 1 To complete inventory in process, August 1 Cost of completed August 1 work in process Started and completed in August Transferred to finished goods in August (3) Inventory in process, August 31 (4) Total costs assigned by the Roasting Department B. Direct Material Conversion Cost per equivalent unit: From current period From beginning inventory Increase (decrease) Evaluation comments: [Key essay answer here) A4 $2,092 TEMPLATE EX 3-16 Cost of production report Obj. 2.4 The debits to Work in Process Roasting Department for Moming Brew Coffee Company for August, together with information concerning production, are as follows: Work in process, August 1, 700 pounds, 20% completed 5 3.4294 "Direct materials (700X 54.70) $3.290 Conversion (200 x 200 x 5135 189 $3429 Coffee beans added during August, 14.300 pounds 65.NO Conversion costs during August 21,942 Work in process, August 31, 400 pounds, 42% completed Goods finished during August. 14.600 pounds