Please do not give solution in image format thanku Cost of Production ReportThe debits to Work in Process-Roasting Department for Morning Brew Coffee Company for August, together with information concerning production, are as follows:Work in process, August 1, 700 pounds, 20% completed$3,402**Direct materials (700 X $4.5)Conversion (700 X 20% X $1.8)Coffee beans added during August, 22,000 poundsConversion costs during AugustWork in process, August 31, 1,100 pounds, 60% completedGoods finished during August, 21,600 poundsAll direct materials are placed in process at the beginning of production.a. Prepare a cost of production report, presenting the following computations:Direct materials and conversion equivalent units of production for August.. Direct materials and conversion costs per equivalent unit for August.Cost of goods finished during August.Cost of work in process at August 31.Units charged to production:Inventory in process, August 1Received from materials storeroomTotal units accounted for by the Roasting DepartmentUnits to be assigned costs:$3,150252$3,402If an amount is zero, enter in "0". For the cost per equivalent unit, round your answer to two decimal places.Morning Brew Coffee CompanyCost of Production Report-Roasting DepartmentFor the Month Ended August 31Inventory in process, August 1Started and completed in AugustTransferred to finished goods in AugustInventory in process, August 31Unit InformationWhole Units97,90042,028Equivalent Units??Direct Materials (1)Conversion (1) Units charged to production:Inventory in process, August 1Received from materials storeroomTotal units accounted for by the Roasting DepartmentUnits to be assigned costs:Inventory in process, August 1Started and completed in AugustTransferred to finished goods in AugustInventory in process, August 31Total units to be assigned costsCost per equivalent unit:Total costs for August in Roasting DepartmentTotal equivalent unitsCost per equivalent unit (2)Costs assigned to production:Inventory in process, August 1Costs incurred in AugustTotal costs accounted for by the Roasting DepartmentCosts allocated to completed and partially completedunits:Inventory in process, August 1 balanceTo complete inventory in process, August 1Cost of completed August 1 work in processStarted and completed in AugustTransferred to finished goods in August (3)Inventory in process, August 31 (4)Total costs assigned by the Roasting DepartmentUnit InformationWhole UnitsEquivalent UnitsCost InformationDirect MaterialsDirect MaterialsDirect Materials (1)ConversionConversioni[[|Conversion (1)Total

Name: Please do not give solution in image format thanku Cost of Production
Uploaded: 2024-03-20T06:32:49.000Z
Channel: Bartleby
Description: Please do not give solution in image format thanku Cost of Production ReportThe debits to Work in Process-Roasting Department for Morning Brew Coffee Company for August, together with information concerning production, are as follows:Work in process,