The debits to Work in ProcessRoasting Department for Morning Brew Coffee Company for August, together with information concerning production, are as follows: Work in process, August 1, 500 pounds, 10% completed $2,366* *Direct materials (500 x $4.60) $2,300 Conversion (500 x 10% x $1.32) 66 $2,366 Coffee beans added during August, 10,214 pounds 45,963 Conversion costs during August 15,932 Work in process, August 31, 314 pounds, 42% completed ? Goods finished during August, 10,400 pounds ? All direct materials are placed in process at the beginning of production. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. Open spreadsheet a. Prepare a cost of production report, presenting the following computations: 1. Direct materials and conversion equivalent units of production for August 2. Direct materials and conversion costs per equivalent unit for August 3. Cost of goods nished during August 4. Cost of work in process at August 31 Morning Brew Coffee Company Cost of Production Report-Roasting Department For the Month Ended August 31 Equivalent UniB Direct Whole Materials Conversion UNITS Units (1) (1) Units charged to production: Inventory in process, August 1 500 Received from materials storeroom Total units accounted for by the Roasting Department Units to be assigned costs: Inventory in process, August 1 I 500 I I I] I I I Started and completed in August I I I I I I Transferred to nished goods in August I I I I I I Inventory in process, August 31 I I I I I I Total units to be assigned costs I I I I I I Costs Direct COSTS Materials Conversion Total Costs per equivalent unit: Total costs for August in Roasting Department $:I $:I re r1 Total costs for August in Roasting Department 55 $