Question: The increases to Work in Process Roasting Department for Colonel Dirks

The increases to Work in Process—Roasting Department for Colonel Dirks Coffee Company for August 2012 as well as information concerning production are as follows:
Work in process, August 1, 2,000 pounds, 40% completed ..... $ 8,130
Coffee beans added during, August, 93,000 pounds ........ 391,420
Conversion costs during August ................ 187,900
Work in process, August 31, 1,250 pounds, 80% completed ....... —
Goods finished during August, 93,750 pounds ............. —

Prepare a cost of production report, using the weighted average cost method.



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  • CreatedFebruary 04, 2014
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