Question

Hana 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 Work in Process—Roasting Department							ACCOUNT NO.
Date		Item	Debit		Credit		Balance
							Debit		Credit
July	1	Bal., 7,900 units, 3/5 completed					17,064
	31	Direct materials, 355,500 units	675,450				692,514
	31	Direct labor	141,100				833,614
	31	Factory overhead	35,270				868,884
	31	Goods transferred, 356,000 units			?
	31	Bal., ? units, 1/5 completed					?

Required:

1. Prepare a cost of production report, and identify the missing amounts for Work in Process—Roasting Department. If an amount is zero, enter "0". When computing cost per equivalent units, round to two decimal places.

Hana Coffee Company
Cost of Production Report-Roasting Department
For the Month Ended July 31
Unit Information
Units charged to production:
Inventory in process, July 1			fill in the blank fed163f8cfedfdc_1
Received from materials storeroom			fill in the blank fed163f8cfedfdc_2
Total units accounted for by the Roasting Department			fill in the blank fed163f8cfedfdc_3
Units to be assigned costs:
		Equivalent Units
	Whole Units	Direct Materials	Conversion
Inventory in process, July 1	fill in the blank fed163f8cfedfdc_4	fill in the blank fed163f8cfedfdc_5	fill in the blank fed163f8cfedfdc_6
Started and completed in July	fill in the blank fed163f8cfedfdc_7	fill in the blank fed163f8cfedfdc_8	fill in the blank fed163f8cfedfdc_9
Transferred to Packing Department in July	fill in the blank fed163f8cfedfdc_10	fill in the blank fed163f8cfedfdc_11	fill in the blank fed163f8cfedfdc_12
Inventory in process, July 31	fill in the blank fed163f8cfedfdc_13	fill in the blank fed163f8cfedfdc_14	fill in the blank fed163f8cfedfdc_15
Total units to be assigned costs	fill in the blank fed163f8cfedfdc_16	fill in the blank fed163f8cfedfdc_17	fill in the blank fed163f8cfedfdc_18
Cost Information
Cost per equivalent unit:
		Direct Materials	Conversion
Total costs for July in Roasting Department		$fill in the blank fed163f8cfedfdc_19	$fill in the blank fed163f8cfedfdc_20
Total equivalent units		fill in the blank fed163f8cfedfdc_21	fill in the blank fed163f8cfedfdc_22
Cost per equivalent unit		$fill in the blank fed163f8cfedfdc_23	$fill in the blank fed163f8cfedfdc_24
Costs assigned to production:
	Direct Materials	Conversion	Total
Inventory in process, July 1			$fill in the blank fed163f8cfedfdc_25
Costs incurred in July			fill in the blank fed163f8cfedfdc_26
Total costs accounted for by the Roasting Department			$fill in the blank fed163f8cfedfdc_27
Costs allocated to completed and partially completed units:
Inventory in process, July 1 balance			$fill in the blank fed163f8cfedfdc_28
To complete inventory in process, July 1	$fill in the blank fed163f8cfedfdc_29	$fill in the blank fed163f8cfedfdc_30	fill in the blank fed163f8cfedfdc_31
Cost of completed July 1 work in process			$fill in the blank fed163f8cfedfdc_32
Started and completed in July	fill in the blank fed163f8cfedfdc_33	fill in the blank fed163f8cfedfdc_34	fill in the blank fed163f8cfedfdc_35
Transferred to Molding Department in July			$fill in the blank fed163f8cfedfdc_36
Inventory in process, July 31	fill in the blank fed163f8cfedfdc_37	fill in the blank fed163f8cfedfdc_38	fill in the blank fed163f8cfedfdc_39
Total costs assigned by the Roasting Department			$fill in the blank fed163f8cfedfdc_40

2. Assuming that the July 1 work in process inventory includes $14,220 of direct materials, determine the increase or decrease in the cost per equivalent unit for direct materials and conversion between February and July. If required, round your answers to the nearest cent.

	Increase or Decrease	Amount
Change in direct materials cost per equivalent unit		$fill in the blank fd9256069fc105f_2
Change in conversion cost per equivalent unit		$fill in the blank fd9256069fc105f_4

Answer 1