Cost of Production Report Arabica Highland Coffee Company roastsand packs coffee beans. The process begins by placing coffee beansinto the Roasting Department. From the Roasting Department, coffeebeans are then transferred to the Packing Department. The followingis a partial work in process account of the Roasting Department atJuly 31: ACCOUNT Work in Process—Roasting Department ACCOUNT NO.Date Item Debit Credit Balance Debit Credit July 1 Bal., 6,500units, 1/5 completed 13,780 31 Direct materials, 260,000 units546,000 559,780 31 Direct labor 104,300 664,080 31 Factory overhead26,100 690,180 31 Goods transferred, 261,000 units ? 31 Bal., ?units, 1/5 completed ? Required: 1. Prepare a cost of productionreport, and identify the missing amounts for Work inProcess—Roasting Department. If an amount is zero, enter "0". Whencomputing cost per equivalent units, round to two decimal places.Arabica Highland Coffee Company Cost of Production Report-RoastingDepartment For the Month Ended July 31 Unit Information Unitscharged to production: Inventory in process, July 1 Received frommaterials storeroom Total units accounted for by the RoastingDepartment Units to be assigned costs: Equivalent Units Whole UnitsDirect Materials Conversion Inventory in process, July 1 Startedand completed in July Transferred to Packing Department in JulyInventory in process, July 31 Total units to be assigned costs CostInformation Costs per equivalent unit: Direct Materials ConversionTotal costs for July in Roasting Department $ $ Total equivalentunits Cost per equivalent unit $ $ Costs charged to production:Direct Materials Conversion Total Inventory in process, July 1 $Costs incurred in July Total costs accounted for by the RoastingDepartment $ Cost allocated to completed and partially completedunits: Inventory in process, July 1 balance $ To complete inventoryin process, July 1 $ $ Cost of completed July 1 work in process $Started and completed in July Transferred to Packing Department inJuly $ Inventory in process, July 31 Total costs assigned by theRoasting Department $ 2. Assuming that the July 1 work in processinventory includes $13,000 of direct materials, determine theincrease or decrease in the cost per equivalent unit for directmaterials and conversion between June and July. If required, roundyour answers to the nearest cent. Increase or Decrease AmountChange in direct materials cost per equivalent unit $ Change inconversion cost per equivalent unit $