The increases to Work in Process-Roasting Department for Highlands Coffee Company for May 2016 as well as information concerning production are as follows:
Work in process, May 1, 1,150 pounds, 40% completed.......................$ 1,700
Coffee beans added during May, 10,900 pounds................................28,600
Conversion costs during May.......................................................12,504
Work in process, May 31, 800 pounds, 80% completed.............................-
Goods finished during May, 11,250 pounds ..........................................-
Prepare a cost of production report, using the average cost method.