The debits to work in process -Roasting Department for Morning Brew Coffee Company for Aug 2016, together with the information concerning production, are as follows.
Work in process, Aug 1, 700 pounds, 20% completed $3479
Direct Materials (700 X $4.70) $3290
Conversion (700x 20%x1.35) 189
3479
Coffee beans Added During Aug, 14,300 65780
Conversion Cost during Aug 21942
Work in Process Aug 31, 400 pounds 42% complete ?
Goods Finished during August 14600 pounds ?
All direct material are placed in process at the beginning of production.
a. Prepare a cost production report presenting the following computations
1. DM and CC equivalent units of production for Aug
2. DM and CC per equivalent unit for Aug
3. Cost of Goods Finished during Aug
4. Cost of Works in Process at Aug 31
Please see the attached. I have started it but I was not able to finish. I did not know where to begin after that point.