Question: Can an expert please answer the question correctly? The last expert answered it wrong. cost of production Arabica Highland Coffee Company roasts and packs coffee


cost of production Arabica Highland Coffee Company roasts and packs coffee beans. The process begin by coffee beans to the Rating Department. From the Department, coffee beans are the transferred to the Packing Department. The following is a partial in process account of the Department July 312 ACCOUNT Work in Process --Roasting Department ACCOUNT NO. Balance Date Item Debit Credit Debit Credit July 1 Bal, 4.100 units, 4/5 completed 13,694 31 Direct materials, 164,000 units 459,200 472,894 31 Direct labor 91,300 564,194 31 Factory overhead 22,772 586,966 31 Goods transferred, 165,000 units 31 Bal., 2 units, 2/5 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 "o". When computing cost per equivalent units, round to two decimal places Arabica Highland Coffee Company 1. Prepare a cost of production report, and identify the guts to work in Process Rating Department nos roter when computing cost perts, round to the decimales Arabica Highland Coffee Company Cost of Production Report-Roasting Department For the Month Ended July 31 Uninformation Units charged to production: Inventory in process, July 1 4,10 Received from materiais starom 16.00 Total units accounted for by the Roasting Department 16.100 Units to be assigned costs: Equivalent Units Direct Whole Units Materials Conversion Inventory in process, July 1 4.100 Started and completed in July 165.000 Transferred to Pacing Department in July Inventory in process, July 31 Total units to be assigned costs 16.100 16.00 Casts per equivalent unit: Direct Materials Conversion 459,00 1140 Total costs for July in Roasting Department Total equivalent units 16.00 2. 0.70 Cost per equivalent unit Costs charged to production Direct Materials Conversion Total 13,694 Inventory in process, July 1 Costs incurred in July 573.272 586,966 Total costs accounted for by the Roasting Department Cost allocated to completed and partially completed units: Inventory in process, July 1 balance 13,694 576 X 576 X $ 14.270 X To complete inventory in process, July 1 Cost of completed July 1 work in process Started and completed in July Transferred to Packing Department in July 447,720 X 112,144 X 560,064 X 574,334 X 11,480 X 1,152 X 12,632 X Inventory in process, July 31 89,966 x Total costs assigned by the Roasting Department
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