Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

the debits yo work in process-roasting department for morning brew coffee company The debits to Work in Process-Roasting Department for Morning Brew Coffee Company for

the debits yo work in process-roasting department for morning brew coffee company
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
The debits to Work in Process-Roasting Department for Morning Brew Coffee Company for August, together with information concerning production, are as follows: $4,092 Work in process, August 1,100 pounds, 40% completed *Direct materials (1,100 x $3.2) Conversion (1,100 X 40%*) $3,520 $572 $4,092 107,100 46,760 Coffee beans added during August, 34,000 pounds Conversion costs during August Work in process, August 31, 1,800 pounds, 30% completed Goods finished during August, 33,300 pounds ? 7 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. Direct materials and conversion costs per equivalent unit for August 3. Cost of goods finished during August 4. Cost of work in process at August 31 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 Previous Next Check My Work 2 more Check My Work uses remaining x1 24 ms eBook CE 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 Received from materials storeroom Total units accounted for by the Roasting Department Units to be assigned costs: Whole Units Equivalent Units Direct Materials Conversion (1)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

ISO 13485 Auditing Journal Notes Checklists Observations Evidence Log

Authors: Just Visualize It, The Quality Guy

1st Edition

B08W7SNPGP, 979-8706121884

More Books

Students also viewed these Accounting questions

Question

2. Identify conflict triggers in yourself and others

Answered: 1 week ago