he 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, 600 pounds, 40% completed     $1,884*   *Direct materials (600 X $2.7) $1,620       Conversion (600 X 40% X $1.1) $264       $1,884     Coffee beans added during August, 19,000 pounds     50,350 Conversion costs during August     22,512 Work in process, August 31, 1,000 pounds, 40% completed     ? Goods finished during August, 18,600 pounds     ? All direct materials are placed in process at the beginning of production. a.  Prepare a cost of production report, presenting the following computations: Direct materials and conversion equivalent units of production for August Direct materials and conversion costs per equivalent unit for August Cost of goods finished during August Cost of work in process at August 31 If an amount is zero, enter in "0". 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 fill in the blank 202731f4df80fb6_1 Received from materials storeroom fill in the blank 202731f4df80fb6_2 Total units accounted for by the Roasting Department fill in the blank 202731f4df80fb6_3 Units to be assigned costs:     Equivalent Units   Whole Units Direct Materials (1) Conversion (1) Inventory in process, August 1 fill in the blank 202731f4df80fb6_4 fill in the blank 202731f4df80fb6_5 fill in the blank 202731f4df80fb6_6 Started and completed in August fill in the blank 202731f4df80fb6_7 fill in the blank 202731f4df80fb6_8 fill in the blank 202731f4df80fb6_9 Transferred to finished goods in August fill in the blank 202731f4df80fb6_10 fill in the blank 202731f4df80fb6_11 fill in the blank 202731f4df80fb6_12 Inventory in process, August 31 fill in the blank 202731f4df80fb6_13 fill in the blank 202731f4df80fb6_14 fill in the blank 202731f4df80fb6_15 Total units to be assigned costs fill in the blank 202731f4df80fb6_16 fill in the blank 202731f4df80fb6_17 fill in the blank 202731f4df80fb6_18 Cost Information Costs per equivalent unit:   Direct Materials Conversion Total costs for August in Roasting Department $fill in the blank 202731f4df80fb6_19 $fill in the blank 202731f4df80fb6_20 Total equivalent units fill in the blank 202731f4df80fb6_21 fill in the blank 202731f4df80fb6_22 Cost per equivalent unit (2) $fill in the blank 202731f4df80fb6_23 $fill in the blank 202731f4df80fb6_24 Costs assigned to production:   Direct Materials Conversion Total Inventory in process, August 1     $fill in the blank 202731f4df80fb6_25 Costs incurred in August     fill in the blank 202731f4df80fb6_26 Total costs accounted for by the Roasting Department     $fill in the blank 202731f4df80fb6_27 Costs allocated to completed and partially completed units:       Inventory in process, August 1 balance     $fill in the blank 202731f4df80fb6_28 To complete inventory in process, August 1 $fill in the blank 202731f4df80fb6_29 $fill in the blank 202731f4df80fb6_30 fill in the blank 202731f4df80fb6_31 Cost of completed August 1 work in process     $fill in the blank 202731f4df80fb6_32 Started and completed in August fill in the blank 202731f4df80fb6_33 fill in the blank 202731f4df80fb6_34 fill in the blank 202731f4df80fb6_35 Transferred to finished goods in August (3)     $fill in the blank 202731f4df80fb6_36 Inventory in process, August 31 (4) fill in the blank 202731f4df80fb6_37 fill in the blank 202731f4df80fb6_38 fill in the blank 202731f4df80fb6_39 Total costs assigned by the Roasting Department     $fill in the blank 202731f4df80fb6_40         b.  Compute and evaluate the change in cost per equivalent unit for direct materials and conversion from the previous month (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 864c19ff9ffeffc_2 Change in conversion cost per equivalent unit

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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, 600 pounds, 40% completed     $1,884*
  *Direct materials (600 X $2.7) $1,620    
  Conversion (600 X 40% X $1.1) $264    
  $1,884    
Coffee beans added during August, 19,000 pounds     50,350
Conversion costs during August     22,512
Work in process, August 31, 1,000 pounds, 40% completed     ?
Goods finished during August, 18,600 pounds     ?

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 "0". 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 fill in the blank 202731f4df80fb6_1
Received from materials storeroom fill in the blank 202731f4df80fb6_2
Total units accounted for by the Roasting Department fill in the blank 202731f4df80fb6_3
Units to be assigned costs:
    Equivalent Units
  Whole Units Direct Materials (1) Conversion (1)
Inventory in process, August 1 fill in the blank 202731f4df80fb6_4 fill in the blank 202731f4df80fb6_5 fill in the blank 202731f4df80fb6_6
Started and completed in August fill in the blank 202731f4df80fb6_7 fill in the blank 202731f4df80fb6_8 fill in the blank 202731f4df80fb6_9
Transferred to finished goods in August fill in the blank 202731f4df80fb6_10 fill in the blank 202731f4df80fb6_11 fill in the blank 202731f4df80fb6_12
Inventory in process, August 31 fill in the blank 202731f4df80fb6_13 fill in the blank 202731f4df80fb6_14 fill in the blank 202731f4df80fb6_15
Total units to be assigned costs fill in the blank 202731f4df80fb6_16 fill in the blank 202731f4df80fb6_17 fill in the blank 202731f4df80fb6_18
Cost Information
Costs per equivalent unit:
  Direct Materials Conversion
Total costs for August in Roasting Department $fill in the blank 202731f4df80fb6_19 $fill in the blank 202731f4df80fb6_20
Total equivalent units fill in the blank 202731f4df80fb6_21 fill in the blank 202731f4df80fb6_22
Cost per equivalent unit (2) $fill in the blank 202731f4df80fb6_23 $fill in the blank 202731f4df80fb6_24
Costs assigned to production:
  Direct Materials Conversion Total
Inventory in process, August 1     $fill in the blank 202731f4df80fb6_25
Costs incurred in August     fill in the blank 202731f4df80fb6_26
Total costs accounted for by the Roasting Department     $fill in the blank 202731f4df80fb6_27
Costs allocated to completed and partially completed units:      
Inventory in process, August 1 balance     $fill in the blank 202731f4df80fb6_28
To complete inventory in process, August 1 $fill in the blank 202731f4df80fb6_29 $fill in the blank 202731f4df80fb6_30 fill in the blank 202731f4df80fb6_31
Cost of completed August 1 work in process     $fill in the blank 202731f4df80fb6_32
Started and completed in August fill in the blank 202731f4df80fb6_33 fill in the blank 202731f4df80fb6_34 fill in the blank 202731f4df80fb6_35
Transferred to finished goods in August (3)     $fill in the blank 202731f4df80fb6_36
Inventory in process, August 31 (4) fill in the blank 202731f4df80fb6_37 fill in the blank 202731f4df80fb6_38 fill in the blank 202731f4df80fb6_39
Total costs assigned by the Roasting Department     $fill in the blank 202731f4df80fb6_40
       

b.  Compute and evaluate the change in cost per equivalent unit for direct materials and conversion from the previous month (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 864c19ff9ffeffc_2
Change in conversion cost per equivalent unit
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