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please answer the costs allocated to completed and partially compelted units section. Also please show the work. thank you! Cost of Production Report The debits
please answer the costs allocated to completed and partially compelted units section. Also please show the work. thank you!
Cost of Production Report The debits to Work In Process --Roasting Department for Morning Brew Coffee Company for August, together with information concerning production, are as follows: Work in process, August 1, 1,200 pounds, 40% completed $6,264- *Direct materials (1.200 X $4.5) $5,400 Conversion (1,200 X 40% X $1.8) 864 56,264 Coffee beans added during August, 38,000 pounds 169,100 Conversion costs during August 71,668 Work in process, August 31, 2,000 pounds, 50% completed 2 Goods finished during August, 37,200 pounds 2 All direct materials are placed in process at the beginning of production a. Prepare a cost of production report, presenting the following computations: 1. Direct materials and conversion equivalent units of production for August 2. Drect materials and conversion costs per out for August 3. Cost of goods finished during August 4. Cost of work in process at August 31 It an amount is zero, enter in "O". For the cost per equivalent unit, round your answer to two decimal places Morning threw Coffee Company Cost of production Report Roasting Department For the Month Ended August 31 Unit Information Units charged to production Theory in proces. At vedtrommelstrom eBook If an amount is zero, enter in "O". For the cost per equivalent unit, round your answer to two decimal places. Morning Brew Coffee Company Cost of Production Report-Roasting Department For the Month Ended August 31 Unit Information Units charged to production: Inventory in process, August 1 1.200 Receved from materials storeroom 38.000 39.2007 Total units accounted for by the Roasting Department Units to be assigned costs: Equivalent Units Direct Conversion (1) Materials (1) Whole Units 1.200 o 720 36.000 36.000 36,000 Inventory in process, August 1 Started and completed in August Transferred to finished goods in August Inventory in process, August 31 Total units to be assigned costs 37.2001 36.000 36.720 2,000 2003 1.000 39.2001 3.000 31,720 Cost Information Cost per equivalent unit: Direct Materials Conversion Total costs for Augustin Roasting Department 1.100 1. Total equivalent units 27.720 Check My Work Previous Cost Information Cost per equivalent unit: Direct Materials Conversion 169,100 71,668 38.000 37,720 Total costs for August In Roasting Department Total equivalent units Cost per equivalent unit (2) Costs assigned to production: 445 1.9 Direct Materials Conversion Total 6,264 240,768 247,032 6,264 Inventory in process, August Costs incurred in August Total costs accounted for by the Roasting Department Costs allocated to completed and partially completed units: Inventory in process, August 1 balance 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 Depart ent 100 247,0327 Feedhe Previous Check My Work Step by Step Solution
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