Cost of Production ReportHana Coffee Company roasts and packs coffee beans. The process begins by placing coffee beans into the Roasting Department. From the Roasting Department, coffee beans arethen 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 DepartmentDateJulyItem1 Bal., 5,400 units, 2/5 completed31 Direct materials, 243,000 units31 Direct labor31 Factory overhead31 Goods transferred, 243,000 units31 Bal., ? units, 3/5 completedRequired:Debit388,80078,10019,532Credit?ACCOUNT NO.DebitBalance9,180397,980476,080495,612?Credit1. 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 perequivalent units, round to two decimal places. 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 perequivalent units, round to two decimal places.Hana Coffee CompanyCost of Production Report-Roasting DepartmentFor the Month Ended July 31Units charged to production:Inventory in process, July 1Received from materials storeroomUnit InformationTotal units accounted for by the Roasting DepartmentUnits to be assigned costs:Inventory in process, July 1Started and completed in JulyTransferred to Packing Department in JulyInventory in process, July 31Total units to be assigned costsCost InformationEquivalent UnitsWholeDirectUnits Materials Conversion

Name: Cost of Production ReportHana Coffee Company roasts and packs coffee
Uploaded: 2024-03-20T06:32:49.000Z
Channel: Bartleby
Description: Cost of Production ReportHana Coffee Company roasts and packs coffee beans. The process begins by placing coffee beans into the Roasting Department. From the Roasting Department, coffee beans arethen transferred to the Packing Department. The follow