ll th e previous month. ll costs per equivalent unit for direct materials EX 20-16 Cost of production report The debits to Work in Process-Roasting Department for Morning Brew Coffee Company for August 2014, together with information concerning production, are as follows: OBJ. 2, 4 work in process, August 1, 700 pounds, 20% completed "Direct materials (700 $4.70) 3,479* 3,290 189 $3.479 Conversion (700 20% $1.35) Coffee beans added during August, 14,300 pounds Conversion costs during August Work in process, August 3 1.400 pounds, 42% completed Goods finished during August, 14,600 pounds 65,780 21,942 All direct materials are placed in process at the beginning of production. a. Prepare a cost of production report, presenting the following computations: 1. Direct materials and conversion equivalent units of production for August. 2. Direct materials and conversion costs per equivalent unit for August. 3. Cost of goods finished during August. 4. Cost of work in process at August 31, 2014. b. Compute and evaluate the change in cost per equivalent unit for direct materials and OBJ.2, 4 conversion from the previous month July)