Cost of Production Report: Weighted average 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., 18,700 units, 40% completed				70,499
	31	Direct materials, 323,500 units	692,290			762,789
	31	Direct labor	399,472			1,162,261
	31	Factory overhead	574,850			1,737,111
	31	Goods transferred, 326,300 units			?	?
	31	Bal., ? units, 90% completed				?

Required:

Prepare a cost of production report, using the weighted averagemethod, and identify the missing amounts for Work inProcess—Roasting Department. Assume that direct materials areplaced in process during production. If required, round your costper equivalent unit answer to two decimal places.

Sunrise Coffee Company
Cost of Production Report-RoastingDepartment
For the Month Ended December31
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		$