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Hi! I need help with finding the conversion for total units to be assigned cost! thank you
Cost of Production Report Hana Coffee Company roasts and packs coffee beans. The process begins by placing coffee beans into
308,200 Total units accounted for by the Roasting Department Units to be assigned costs: Equivalent Units Direct Conversion M
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Hana coffee company
Cost of production report-Roasting department
For the month ended July 31
Unit information
Units charged to production:
Inventory in process,July 1 6700
Received from materials storeroom 301500
Total units accounted for by the roasting department 308200
Units to be assigned costs:
Equivalent units
Whole units Direct materials Conversion
Inventory in process,July 1 6700 0 4020
(6700*3/5)
Started and completed in July 295300 295300 295300
(302000-6700)
Transferred to packing department in July 302000 295300 299320
Inventory in process,July 31 6200 6200 1240
(308200-302000) (6200*1/5)
Total units to be assigned costs 308200 301500 300560
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