Total costs accounted for by the Roasting Department Costs allocated to completed and partially completed units: Inventory in process, July 1 balance To complete inventory in process, July 1 Cost of completed July 1 work in process Started and completed in July Transferred to Molding Department in July 11 $ Inventory in process, July 31 Total costs assigned by the Roasting Department Feedback 2. Assuming that the July 1 work in process inventory includes $12,780 of direct materials, determine the increase or decrease in the cost per equivalent unit for direct materials and conversion between February and July. If required, round your answers to the nearest cent. Increase or Decrease Amount Change in direct materials cost per equivalent unit Change in conversion cost per equivalent unit $ 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 31: ACCOUNT Work in Process-Roasting Department ACCOUNT NO. Balance Date Item Debit Credit Debit Credit July 13,632 1 Bal., 7,100 units, 1/5 completed 31 Direct materials, 319,500 units 607,050 620,682 31 Direct labor 129,500 750,182 31 Factory overhead 32,430 782,612 31 Goods transferred, 320,000 units ? 31 Bal., ? units, 4/5 completed ? Required: 1. Prepare a cost of production report, and identify the missing amounts for Work in Process-Roasting Department. If an amount is zero, enter "0". When computing cost per equivalent units, round to two decimal places. Hana Coffee Company Cost of Production Report-Roasting Department For the Month Ended July 31 Unit Information Units charged to production: Hana Coffee Company Cost of Production Report-Roasting Department For the Month Ended July 31 Unit Information Units charged to production: Inventory in process, July 1 7,100 Received from materials storeroom 319,500 Total units accounted for by the Roasting Department 326,600 Units to be assigned costs: Equivalent Units Whole Units Direct Materials Conversion Inventory in process, July 1 7,100 5,680 Started and completed in July 312,900 312,900 312,900 Transferred to Packing Department in July 320,000 312,900 318,580 7,100 x 7,100 X Inventory in process, July 31 1,420 X Total units to be assigned costs 327,100 X Cost Information Cost per equivalent unit: Direct Materials Conversion Total costs for July in Roasting Department $ 607,050 161,930 TCU tu 7,100 Inventory in process, July 31 7,100 X 1,420 X Total units to be assigned costs 327,100 X Cost Information Cost per equivalent unit: Direct Materials Conversion Total costs for July in Roasting Department 607,050 $ 161,930 Total equivalent units 319,500 1.9 Cost per equivalent unit Costs assigned to production: Direct Materials Conversion Total Inventory in process, July 1 Costs incurred in July Total costs accounted for by the Roasting Department Costs allocated to completed and partially completed units: Inventory in process, July 1 balance To complete inventory in process, July 1 Cost of completed July 1 work in process 10 Started and completed in July Transferred to Molding Department in July