Cost of Production Report: Average Cost Method

Sunrise Coffee Company roasts and packs coffee beans. Theprocess begins in the Roasting Department. From the RoastingDepartment, the coffee beans are transferred to the PackingDepartment. The following is a partial work in process account ofthe Roasting Department at December 31:

ACCOUNT Work in Process-RoastingDepartment					ACCOUNT NO.
Date		Item	Debit		Credit	Balance
						Debit		Credit
Dec.	1	Bal., 16,200 units, 75% completed				75,492
	31	Direct materials, 280,300 units	742,795			818,287
	31	Direct labor	403,628			1,221,915
	31	Factory overhead	580,830			1,802,745
	31	Goods transferred, 282,700 units			?	?
	31	Bal., ? units, 25% completed				?

Required:

Prepare a cost of production report, using the average costmethod, and identify the missing amounts for Work inProcess—Roasting Department. If required, round your cost perequivalent unit answer to two decimal places.

Sunrise Coffee Company
Cost of Production Report-Roasting Department
For the Month Ended December 31
Unit Information
Units charged to production:
Inventory in process, December 1
Received from materials storeroom
Total units accounted for by the RoastingDepartment
Units to be assigned costs:
	Whole Units	Equivalent Units of Production
Transferred to Packing Department in December
Inventory in process, December 31
Total units to be assigned costs
Cost Information
Cost per equivalent unit:
		Costs
Total costs for December in RoastingDepartment		$
Total equivalent units
Cost per equivalent unit		$
Costs assigned to production:
Inventory in process, December 1		$
Costs incurred in December
Total costs accounted for by the RoastingDepartment		$
Costs allocated to completed and partiallycompleted units:
Transferred to Packing Department in December		$
Inventory in process, December 31
Total costs assigned by the RoastingDepartment		$