Accounting 26th Edition by Carl Warren,James Reeve,Jonathan Duchac

Exercise 53

Cost of production report: average cost method
Sunrise Coffee Company roasts and packs coffee beans. The process begins in the Roasting Department. Form 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, 2016:

Instructions
Prepare a cost of production report, using the average cost method, and identify the missing amounts for Work in ProcessRoasting Department.