Direct materials and conversion costs for Morning Brew Coffee Company's roasting department in August are provided. The report should include: 1) Direct materials and conversion equivalent units produced in August. 2) Direct materials and conversion costs per equivalent unit in August to two decimal places. 3) Cost of goods finished in August. 4) Cost of work in process at August 31, entering 0 if the amount is zero. It also asks to compute and evaluate the change in direct materials and conversion cost per equivalent unit from the previous month of July, rounding answers to the nearest cent.
Cost of Preduction Report The debits to Work in Process - Roasting Dep.pdf
1. Cost of Preduction Report The debits to Work in Process - Roasting Department for Moming
Brew Coffee Company for August, together with information concerning production, are as
follaws: All direct materiais are placed in process at the beginning of production. a. Prepare a
cost of production report, presenting the foliowing computations: 1. Direct materiais and
conversion equivalent inils of production. for August. 2. Direct materials and conversion costs
per eguvalent unic for August. 3. Cost of goods finished during August 4. Cost of work in
process at August 31 an amount is zero, enter in " 0 ". For the cost per equivalent unit, round
your answer to two decimal places. b. Compute and evaluate the change in cost per equlvaient
unit for direct materials and converuion from the pcevious month (duly). If required, round vour
answers to the nearest cent.
