In October, the cost of materials transferred into the Rolling Department from the Casting Department of Kraus Steel Company is $3,000,000. The conversion cost for the period in the Rolling Department is $462,600 ($275,000 factory overhead applied and $187,600 direct labor). The total cost transferred to Finished Goods for the period was $3,392,400. The Rolling Department had a beginning inventory of $163,800. 

a. Journalize for the Rolling Department

 (1) The cost of transferred-in materials, 

(2) The conversion costs, and 

(3) The costs transferred out to Finished Goods.

b. Determine the balance of Work in Process—Rolling at the end of the period.