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Question

xy .. CengageNOW2lOnlinx e Flint Engine Parts Inc. (FEX v2.cengagenow.com/ilm/takeAssignment/takeAssignmentMain..do?invoker=assignments&takeAssign; Cengage Chapter 11 Homework.c × Decimal to Percent CalL × C assignment-take&inprogress; false My Orders Apps M Gmail-Email from G G Inbox (55)- tperson Home- Burris Avenu M Starred - ttiffanypper G https://www.google M Gmail Assignment 2a Problem Set 1. EX.17-03.ALGO 2. EX.17-05 ALGO eBook Calculator Cost of Production Report The debits to Work in Process-Roasting Department for Morning Brew Coffee Company for August, together with information concerning production, are as follows 3. EX17-16. ALGO work in process, August 1, 800 pounds, 60% completed $3,552 $2,880 672 S3,552 Direct materials (800 X $3.6) 4. EX 18-04. ALGO Conversion (800 X 60% X $1.4) 5. EX 18-14.ALGO Coffee beans added during August, 25,000 pounds Conversion costs during August work in process, August 31, 1,300 pounds, 70% completed Goods finished during August, 24,500 pounds All direct materials are placed in process at the beginning of production. a. Prepare a cost of production report, presenting the following computations 88,750 6. EX18-10.ALGO 37,395 7. EX18-18. ALGO 8. BE. 18-05 ALGO 1. Direct materials and conversion equivalent units of production for August. 2. Direct materials and conversion costs per equivalent unit for August. 3. Cost of goods finished during August. 4. Cost of work in process at August 31 If an amount is zero, enter in-o". For the cost per equivalent unit, round your answer to two decimal places. Morning Brew Coffee Company Cost of Production Report-Roasting Department For the Month Ended August 31 Check My Work PreviouS Next

Explanation / Answer

Cost of Production Report-Roasting Department For the Month Ended August 31 Unit Information Units charged to production: Inventory in process, August 1 800 Received from materials storeroom 25000 Total units accounted for by the Roasting Department 25800 Units to be assigned costs: Equivalent Units Whole Units Direct Materials Conversion Inventory in process, August 1 800 0 320 Started and completed in August 23700 23700 23700 Transferred to Packing Department in August 24500 23700 24020 Inventory in process, August 31 1300 1300 910 Total units to be assigned costs 25800 25000 24930 Cost Information Costs per equivalent unit: Direct Materials Conversion Total costs for August in Roasting Department 88750 37395 Total equivalent units 25000 24930 Cost per equivalent unit 3.55 1.5 Costs charged to production: Direct Materials Conversion Total Inventory in process, August 1 3552 Costs incurred in August 126145 Total costs accounted for by the Roasting Department 129697 Cost allocated to completed and partially completed units: Inventory in process, August 1 balance 3552 To complete inventory in process, August 1 0 480 480 Cost of completed August 1 work in process 4032 Started and completed in August 84135 35550 119685 Transferred to Packing Department in August 123717 Inventory in process, August 31 4615 1365 5980 Total costs assigned by the Roasting Department 129697 2 Increase or Decrease Amount Change in direct materials cost per equivalent unit Decrease 0.05 Change in conversion cost per equivalent unit Increase 0.1

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