Morning Brew Coffee Company Assignment

  1. The debits to Work in Process—Roasting Department for Morning Brew Coffee Company for August, together with information concerning production, are as follows:
  1. Work in process, August 1, 800 pounds, 30% completed $2,688*
    *Direct materials (800 X $3) $2,400
    Conversion (800 X 30% X $1.2) 288
    $2,688
    Coffee beans added during August, 25,000 pounds 73,750
    Conversion costs during August 32,045
    Work in process, August 31, 1,300 pounds, 30% completed ?
    Goods finished during August, 24,500 pounds ?
  1. All direct materials are placed in process at the beginning of production.
  2. a. Prepare a cost of production report, presenting the following computations:
  1. Direct materials and conversion The number of production units that could have been completed within a given accounting period, given the resources consumed.equivalent units of production for August.
  2. Direct materials and conversion The rate used to allocate costs between completed and partially completed production.costs per equivalent unit for August.
  3. Cost of goods finished during August.
  4. Cost of work in process at August 31.
  1. If an amount is zero, enter in “0”. For the cost per equivalent unit, round your answer to two decimal places.
  2. Morning Brew Coffee Company
    Cost of Production Report-Roasting Department
    For the Month Ended August 31
    Unit Information
    Units charged to production:
    Inventory in process, August 1
    Received from materials storeroom
    Total units accounted for by the Roasting Department

    Units to be assigned costs:
    Equivalent Units
    Whole Units Direct Materials (1) Conversion (1)
    Inventory in process, August 1
    Started and completed in August
    Transferred to finished goods in August
    Inventory in process, August 31
    Total units to be assigned costs
    Cost Information
    Cost per equivalent unit:
    Direct Materials Conversion
    Total costs for August in Roasting Department $ $
    Total equivalent units
    Cost per equivalent unit (2) $ $
    Costs assigned to production:
    Direct Materials Conversion Total
    Inventory in process, August 1 $
    Costs incurred in August
    Total costs accounted for by the Roasting Department $
    Costs allocated to completed and partially completed units:
    Inventory in process, August 1 balance $
    To complete inventory in process, August 1 $ $
    Cost of completed August 1 work in process $
    Started and completed in August
    Transferred to finished goods in August (3) $
    Inventory in process, August 31 (4)
    Total costs assigned by the Roasting Department $
  3. Feedback
  1. b. Compute and evaluate the change in cost per equivalent unit for direct materials and conversion from the previous month (July). If required, round your answers to the nearest cent.
  1. Increase or Decrease
  1. Amount
  1. Change in direct materials cost per equivalent unit
    1. Increase
    • Decrease
  1. $
  1. Change in conversion cost per equivalent unit
    1. Increase
    • Decrease
  1. $

Get Accounting homework help today

Order a unique copy of this paper
(550 words)

Approximate price: $22

Our Basic features
  • Free title page and bibliography
  • Plagiarism-free guarantee
  • Unlimited revisions
  • Money-back guarantee
  • 24/7 support
Our Options
  • Writer’s samples
  • Expert Proofreading
  • Overnight delivery
  • Part-by-part delivery
  • Copies of used sources
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

AcademicWritingCompany guarantees

Our customer is the center of what we do and thus we offer 100% original essays..
By ordering our essays, you are guaranteed the best quality through our qualified experts.All your information and everything that you do on our website is kept completely confidential.

Money-back guarantee

Academicwritingcompany.com always strives to give you the best of its services. As a custom essay writing service, we are 100% sure of our services. That is why we ensure that our guarantee of money-back stands, always

Read more

Zero-plagiarism tolerance guarantee

The paper that you order at academicwritingcompany.com is 100% original. We ensure that regardless of the position you are, be it with urgent deadlines or hard essays, we give you a paper that is free of plagiarism. We even check our orders with the most advanced anti-plagiarism software in the industry.

Read more

Free-revision guarantee

The Academicwritingcompany.com thrives on excellence and thus we help ensure the Customer’s total satisfaction with the completed Order.To do so, we provide a Free Revision policy as a courtesy service. To receive free revision the Academic writing Company requires that the you provide the request within Fifteen (14) days since the completion date and within a period of thirty (30) days for dissertations and research papers.

Read more

Privacy and Security policy

With Academicwritingcompan.com, your privacy is the most important aspect. First, the academic writing company will never resell your personal information, which include credit cards, to any third party. Not even your lecturer on institution will know that you bought an essay from our academic writing company.

Read more

Adherence to requirements guarantee

The academic writing company writers know that following essay instructions is the most important part of academic writing. The expert writers will, therefore, work extra hard to ensure that they cooperate with all the requirements without fail. We also count on you to help us provide a better academic paper.

Read more

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2020 at 10:52 AM
Total price:
$26
The price is based on these factors:
Customer Academic level
Number of pages required
Urgency of paper