Reference no: EM132684664
Problem - Cost of production report: average cost method
The increases to Work in Process-Roasting Department for Boston Coffee Company for March 2012 as well as information concerning production are as follows:
Work in process, March 1, 650 pounds, 40% completed $1,050
Coffee beans added during March, 12,300 pounds 32,170
Conversion costs during March 17,860
Work in process, March 31, 900 pounds, 80% completed -
Goods finished during March, 12,050 pounds -
Required - Prepare a cost of production report, using the average cost method.