Question

Cost of Production Report

Fresh Mountain Coffee Company roasts and packs coffee beans. Theprocess begins by placing coffee beans into the RoastingDepartment. From the Roasting Department, coffee beans are thentransferred to the Packing Department. The following is a partialwork in process account of the Roasting Department at March 31,2016:

ACCOUNT Work in Process—RoastingDepartment							ACCOUNT NO.
Date		Item	Debit		Credit		Balance
							Debit		Credit
Mar.	1	Bal., 1,500 units, 30% completed					6,150
	31	Direct materials, 22,300 units	86,970				93,120
	31	Direct labor	11,900				105,020
	31	Factory overhead	5,772				110,792
	31	Goods transferred, 21,700 units			?
	31	Bal., ? units, 40% completed					?

Required:

1. Prepare a cost of production report, andidentify the missing amounts for Work in Process—RoastingDepartment. If an amount is zero, enter in a zero "0". Whencomputing The rate used to allocate costs between completed andpartially completed production.cost per equivalent units, round tothe nearest cent.

Fresh Mountain Coffee Company

Cost of Production Report-Roasting Department

For the Month Ended March 31, 2016

Unit Information

Units charged to production:

Inventory in process, March 1

Received from materials storeroom

Total units accounted for by the RoastingDepartment

Units to be assigned costs:

Equivalent Units

Whole Units

Direct Materials

Conversion

Inventory in process, March 1

Started and completed in March

Transferred to Packing Department in March
Inventory in process, March 31
Total units to be assigned costs
Cost Information
Costs per equivalent unit:
		Direct Materials	Conversion
Total costs for March in Roasting Department		$	$
Total equivalent units
Cost per equivalent unit		$	$
Costs charged to production:
	Direct Materials	Conversion	Total
Inventory in process, March 1			$
Costs incurred in March
Total costs accounted for by the RoastingDepartment			$
Cost allocated to completed and partially completedunits:
Inventory in process, March 1 balance			$
To complete inventory in process, March 1	$	$
Cost of completed March 1 work in process			$
Started and completed in March
Transferred to Packing Department in March			$
Inventory in process, March 31
Total costs assigned by the RoastingDepartment			$

Cost allocated to completed and partially completedunits:

Inventory in process, March 1 balance

$

To complete inventory in process, March 1

$

$

Cost of completed March 1 work in process

$

Started and completed in March

Transferred to Packing Department in March

$

Inventory in process, March 31

Total costs assigned by the Roasting Department

Assuming that the March 1 work in process inventory includes$5,700 of direct materials, determine the increase or decrease inthe cost per equivalent uni

Increase orDecrease

Amount

for direct materials and conversion between February and March.If required, round your answers to two decimal places.

change in conversion cost per equivalentunit decrease or increase

$