Cost of Production Report The debits to Work in Process—RoastingDepartment for Morning Brew Coffee Company for August, togetherwith information concerning production, are as follows: Work inprocess, August 1, 1,100 pounds, 10% completed $4,917* *Directmaterials (1,100 X $4.3) $4,730 Conversion (1,100 X 10% X $1.7)$187 $4,917 Coffee beans added during August, 34,000 pounds 144,500Conversion costs during August 61,038 Work in process, August 31,1,800 pounds, 40% completed ? Goods finished during August, 33,300pounds ? All direct materials are placed in process at thebeginning of production. a. Prepare a cost of production report,presenting the following computations: Direct materials andconversion equivalent units of production for August Directmaterials and conversion costs per equivalent unit for August Costof goods finished during August Cost of work in process at August31 If an amount is zero, enter in "0". For the cost per equivalentunit, round your answer to two decimal places. Morning Brew CoffeeCompany Cost of Production Report-Roasting Department For the MonthEnded August 31 Unit Information Units charged to production:Inventory in process, August 1 1,100 Received from materialsstoreroom Total units accounted for by the Roasting DepartmentUnits to be assigned costs: Equivalent Units Whole Units DirectMaterials (1) Conversion (1) Inventory in process, August 1 1,100 01,100 Started and completed in August 33,300 Transferred tofinished goods in August Inventory in process, August 31 Totalunits to be assigned costs Cost Information Costs per equivalentunit: Direct Materials Conversion Total costs for August inRoasting Department $ $ Total equivalent units Cost per equivalentunit (2) $ $ Costs assigned to production: Direct MaterialsConversion Total Inventory in process, August 1 $ Costs incurred inAugust Total costs accounted for by the Roasting Department $ Costsallocated to completed and partially completed units: Inventory inprocess, August 1 balance $ To complete inventory in process,August 1 $ $ Cost of completed August 1 work in process $ Startedand completed in August Transferred to finished goods in August (3)$ Inventory in process, August 31 (4) Total costs assigned by theRoasting Department $ b. Compute and evaluate the change in costper equivalent unit for direct materials and conversion from theprevious month (July). If required, round your answers to thenearest cent. Increase or Decrease Amount Change in directmaterials cost per equivalent unit $ Change in conversion cost perequivalent unit
