ow Help Chp 20 HVw Arabica Highland Coffee Company roasts and packs coffee beans

Question

ow Help Chp 20 HVw Arabica Highland Coffee Company roasts and packs coffee beans. The process begins by placing coffee beans into the Roasting Department. From the Roasting Department, coffee beans are then transferred to the Packing Department. The following is a partial work in process account of the Roasting Department at July 31: ACCOUNT NO Balance Date Item Debit Credit July 1 Bal4,900 units, 1/5 completed 31 Direct materials, 196,000 units 31 Direct labor 31 Factory overhead 31 Goods transferred, 197,000 units 31 Bal., 2 units, 2/5 completed 8,330 341,530 404,730 420,562 63,200 round to two decimal places. Arabica Highland Coffee Company Cost of P For the Month Ended July 31 Previous Nest 5

Explanation / Answer

Cost of Production Report-Roasting Department For the Month Ended July 31 Unit Information Units charged to production: Inventory in process, July 1 4900 Received from materials storeroom 196000 Total units accounted for by the Roasting Department 200900 Units to be assigned costs: Equivalent Units Whole Units Direct Materials Conversion Inventory in process, July 1 4900 0 3920 Started and completed in July 192100 192100 192100 Transferred to Packing Department in July 197000 192100 196020 Inventory in process, July 31 3900 3900 1560 Total units to be assigned costs 200900 196000 197580 Cost Information Costs per equivalent unit: Direct Materials Conversion Total costs for July in Roasting Department 333200 79032 Total equivalent units 196000 197580 Cost per equivalent unit 1.7 0.4 Costs charged to production: Direct Materials Conversion Total Inventory in process, July 1 8330 Costs incurred in July 412232 Total costs accounted for by the Roasting Department 420562 Cost allocated to completed and partially completed units: Inventory in process, July 1 balance 8330 To complete inventory in process, July 1 0 1568 1568 Cost of completed July 1 work in process 9898 Started and completed in July 326570 76840 403410 Transferred to Packing Department in July 413308 Inventory in process, July 31 6630 624 7254 Total costs assigned by the Roasting Department 420562 2 Increase or Decrease Amount Change in direct materials cost per equivalent unit Increase 0.1 Change in conversion cost per equivalent unit Decrease 0.1

Related Questions

Navigate

• Browse (All)
• Browse O
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.