Sunrise Coffee Company
Cost of Production Report: Roasting Department
For the Month Ended December 31
Costs charged to production:
Inventory in process, December 1
Costs incurred in December
Total costs accounted for by the roasting Department
Costs allocated to completed and partially completed units:
Transferred to Packing Department in December
Inventory in process, December 31
Total costs assigned by the Roasting Department
Account Work in Process: Roasting Department
Account No. Balance Balance Debit Credit Debit Credit 50,508 496,085 546,593 282,624 829,217 406,703 1,235,920
Date Item December 1 Bal., 12,200 units, 25% completed 31 Direct materials, 211,100 units 31 Direct labor 31 Factory overhead 31 Goods transferred, 212,900 units 31 Bal., 7,800 units, 75% completed
Sunrise Coffee Company Cost of Production Report: Roasting Department
Equivalent Units of Production
Units
Whole Units
Units charged to production:
Inventory in process, December 1
12,200 211,100 223,300
Received from materials storeroom
Total units accounted for by the Roasting Department
Units to be assigned costs: Transferred to Packing Department
212,900
212,900 7,800 217,450
Inventory in process, December 31
Total units to be assigned costs
Costs
Costs
Cost per equivalent unit:
$1,185,412.00 217,450 $5.45
Total equivalent units
Costs charged to production: Inventory in process, December 1
50,508 1,185,412.00 1,235,920.00
Costs incurred in December
Total costs accounted for by the Roasting Department Costs allocated to completed and partially completed units: Transferred to Packing Department in December
1,185,412.00
Inventory in process, December 31
31,972.50
Total costs assigned by the Roasting Department
$1,235,920.00
