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Question Content Area Cost of Production Report Hana Coffee Company roasts and packs coffee beans. The process begins by placing coffee beans into the Roasting
Question Content Area
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 :
ACCOUNT Work in ProcessRoasting Department ACCOUNT NO
Date Item Debit Credit Balance
Debit Credit
July Bal., units, completed
Direct materials, units
Direct labor
Factory overhead
Goods transferred, units
Bal., units, completed
Required:
Question Content Area
Prepare a cost of production report, and identify the missing amounts for Work in ProcessRoasting Department. If an amount is zero, enter When computing cost per equivalent units, round to two decimal places.
Hana Coffee Company
Cost of Production ReportRoasting Department
For the Month Ended July
Unit Information
Units charged to production:Number of Units
Inventory in process, July fill in the blank fbfb
Received from materials storeroom fill in the blank fbfb
Total units accounted for by the Roasting Department fill in the blank fbfb
Units to be assigned costs: Equivalent Units
Whole Units Direct Materials Conversion
Inventory in process, July fill in the blank fbfb
fill in the blank fbfb
fill in the blank fbfb
Started and completed in July fill in the blank fbfb
fill in the blank fbfb
fill in the blank fbfb
Transferred to Packing Department in July fill in the blank fbfb
fill in the blank fbfb
fill in the blank fbfb
Inventory in process, July fill in the blank fbfb
fill in the blank fbfb
fill in the blank fbfb
Total units to be assigned costs fill in the blank fbfb
fill in the blank fbfb
fill in the blank fbfb
Cost Information
Cost per equivalent unit: Direct Materials Conversion
Total costs for July in Roasting Department $fill in the blank fbfb
$fill in the blank fbfb
Total equivalent units fill in the blank fbfb
fill in the blank fbfb
Cost per equivalent unit $fill in the blank fbfb
$fill in the blank fbfb
Costs assigned to production:
Direct Materials Conversion Total
Inventory in process, July $fill in the blank fbfb
Costs incurred in July fill in the blank fbfb
Total costs accounted for by the Roasting Department $fill in the blank fbfb
Costs allocated to completed and partially completed units:
Inventory in process, July balance $fill in the blank fbfb
To complete inventory in process, July $fill in the blank fbfb
$fill in the blank fbfb
fill in the blank fbfb
Cost of completed July work in process $fill in the blank fbfb
Started and completed in July fill in the blank fbfb
fill in the blank fbfb
fill in the blank fbfb
Transferred to Molding Department in July $fill in the blank fbfb
Inventory in process, July fill in the blank fbfb
fill in the blank fbfb
fill in the blank fbfb
Total costs assigned by the Roasting Department $fill in the blank fbfb
Question Content Area
Assuming that the July work in process inventory includes $ of direct materials, determine the increase or decrease in the cost per equivalent unit for direct materials and conversion between June and July. If required, round your answers to the nearest cent.
Increase or Decrease Amount
Change in direct materials cost per equivalent unit
$fill in the blank dbaafeea
Change in conversion cost per equivalent unit
$fill in the blank dbaafeea
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