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Organic Grounds produces two brands of coffee: Star and Bucks. The two coffees are produced in one factory using the same production process. The only

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Organic Grounds produces two brands of coffee: Star and Bucks. The two coffees are produced in one factory using the same production process. The only difference between the two coffees is the cost of the unroasted coffee beans. The following data are available for February: Star 7,000 $ 4.80 Bucks 28,000 $ 7.10 Total 35,000 Number of pounds of coffee produced Cost of unroasted beans and packaging per pound Other costs: Direct labor Indirect materials Other overhead $63,000 31,500 10,500 Required: Organic Grounds uses operations costing and assigns conversion costs based on the number of pounds of coffee produced. Compute the cost unit of each brand of coffee produced in February. (Do not round intermediate calculations. Round "Cost per pound" to 2 decimal places.) Answer is not complete. Bucks Total 33,600 $ $ Conversion cost Materials cost Total cost Number of pounds Cost per pound Star 33,600 X 15,120 X 6,300 X 2,100 % $

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