Question

Cost of Production Report: Average Cost Method

Sunrise Coffee Company roasts and packs coffee beans. Theprocess begins in the Roasting Department. From the RoastingDepartment, the coffee beans are transferred to the PackingDepartment. The following is a partial work in process account ofthe Roasting Department at December 31:

ACCOUNT Work in Process-RoastingDepartment					ACCOUNT NO.
Date		Item	Debit		Credit	Balance
						Debit		Credit
Dec.	1	Bal., 12,700 units, 75% completed				39,497
	31	Direct materials, 219,700 units	386,672			426,169
	31	Direct labor	211,515			637,684
	31	Factory overhead	304,376			942,060
	31	Goods transferred, 221,600 units			?	?
	31	Bal., ? units, 25% completed				?

Required:

Prepare a cost of production report, using the average costmethod, and identify the missing amounts for Work inProcess—Roasting Department. If required, round your cost perequivalent unit answer to two decimal places.

Sunrise Coffee Company
Costof Production Report-Roasting Department
Forthe Month Ended December 31
UnitInformation
Units charged toproduction:
Inventory in process, December1
Received from materialsstoreroom
Total units accounted for bythe Roasting Department
Units to be assignedcosts:
	Whole Units	Equivalent Units of Production
Transferred to PackingDepartment in December
Inventory in process, December31
Total units to be assignedcosts
CostInformation
Cost per equivalent unit:
		Costs
Total costs for December inRoasting Department		$
Total equivalent units
Cost per equivalent unit		$
Costs assigned toproduction:
Inventory in process, December1		$
Costs incurred in December
Total costs accounted for bythe Roasting Department		$
Costs allocated to completedand partially completed units:
Transferred to PackingDepartment in December		$
Inventory in process, December31
Total costs assigned by theRoasting Department		$