The debits to Work in Process—Roasting Department for MorningBrew Coffee Company for August, together with informationconcerning production, are as follows:
| Work in process, August 1, 500 pounds, 60%completed | | | $2,300* |
| *Direct materials (500 X $3.7) | $1,850 | | |
| Conversion (500 X 60% X $1.5) | 450 | | |
| $2,300 | | |
| Coffee beans added during August, 16,000pounds | | | 58,400 |
| Conversion costs during August | | | 25,280 |
| Work in process, August 31, 800 pounds, 50%completed | | | ? |
| Goods finished during August, 15,700 pounds | | | ? |
All direct materials are placed in process at the beginning ofproduction.
a. Prepare a cost of production report,presenting the following computations:
Direct materials and conversion equivalent units of productionfor August.
Direct materials and conversion costs per equivalent unit forAugust.
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 equivalentunit, round your answer to two decimal places.
| Morning Brew Coffee Company |
| Costof Production Report-Roasting Department |
| Forthe Month Ended August 31 |
| UnitInformation |
| Units charged toproduction: |
| Inventory in process, August1 | |
| Received from materialsstoreroom | |
| Total units accounted for bythe Roasting Department | |
| Units to be assignedcosts: |
| | Equivalent Units |
| Whole Units | Direct Materials (1) | Conversion (1) |
| Inventory in process, August1 | | | |
| Started and completed inAugust | | | |
| Transferred to finished goodsin August | | | |
| Inventory in process, August31 | | | |
| Total units to be assignedcosts | | | |
| CostInformation |
| Cost per equivalent unit: |
| Direct Materials | Conversion |
| Total costs for August inRoasting Department | $ | $ |
| Total equivalent units | | |
| Cost per equivalent unit(2) | $ | $ |
| Costs assigned toproduction: |
| Direct Materials | Conversion | Total |
| Inventory in process, August1 | | | $ |
| Costs incurred in August | | | |
| Total costs accounted for bythe Roasting Department | | | $ |
| Costs allocated to completedand partially completed units: | | | |
| Inventory in process, August 1balance | | | $ |
| To complete inventory inprocess, August 1 | $ | $ | |
| Cost of completed August 1 workin process | | | $ |
| Started and completed inAugust | | | |
| Transferred to finished goodsin August (3) | | | $ |
| Inventory in process, August 31(4) | | | |
| Total costs assigned by theRoasting Department | | | $ |
| | | |
b. Compute and evaluate the change in cost perequivalent unit for direct materials and conversion from theprevious month (July). If required, round your answers to thenearest cent.
| Increase or Decrease | Amount |
| Change in direct materials cost per equivalent unit | | $ |
| Change in conversion cost per equivalent unit | | $ |
