Business, 17.02.2020 20:20 Kencharlot

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

ACCOUNT Work in Process-Roasting Deparment ACCOUNT NO.
Date Item Debit Credit Balance Debit Credit
Dec. 1Bal., 15,100 units, 25% completed 42,431
31 Direct materials, 261,200 units 417,920 460,351
31 Direct labor 236,746 697,097
31 Factory ovehead 340,683 1,037,780
31 Goods transferred, 263,500 units ? ?
31 Bal., ? units, 75% completed ?
Prepare a cost of production report, using the average cost method, and identify the missing amounts for Work in Process-Roasting Department.

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Sunrise Coffee Company roasts and packs coffee beans. The process begins in the Roasting Department....

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