Cost of Production Report: Average Cost Method Sunrise Coffee Company roasts and packs coffee beans.

Cost of Production Report: Average Cost Method Sunrise Coffee Company roasts and packs coffee beans. The process begins in the Roasting Department from the Roasting Department, the coffee beans are transferred to the Pacing Department. The following is a partial work in process account of the Roasting Department at December 31: ACCOUNT Work in Process Roasting Department ACCOUNT NO Balance Date Item Debit Credit Debit Credit 1 Bal, 16,200 units, 30% completed 55.00 31 Direct materials, 280,300 nits 540,979 596.00 31 Direct labor 309,600 9 . 31 Factory overhead 465,56 1.311.204 31 Goods transferred, 282,700 units 31 al, 2 units, 80% completed Required d round your co Prepare a cost of production report, using the average cost method, and identify the missing amounts for Work in Process Roasting Department re per equivalent unit answer to two decimal places Sunrise Coffee Company Cost of Production Report Roasting Department For the Month Ended December 31 Unit Information Units to account for ouring production Inventory proces December Received from man Total units accounted for by the Roasting Department Units to be mored costs: Whele Units Equivalent Units of Production Transferred to Packing Department in December Inventory in process, December 31 Total units to be assigned costs Cost Information Unit costs: Total costs for December in Roasting Department Total equivalent units Cost per equivalent unt Coutsassigned to productie Inventory in process, December 1 Costs incurred in December DULT 11. Total costs accounted for by the Roasting Department Costs allocated to completed and partially completed units: Transferred to Packing Department in December Inventory in process, December 31 Total costs assigned by the Roasting Department Check My Work more Check My Work uses remaining

 

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