=+EE 20-6 p. 911 The cost of materials transferred into the Rolling Department of Atlas Steel Company
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=+EE 20-6 p. 911 The cost of materials transferred into the Rolling Department of Atlas Steel Company is $4,654,800 from the Casting Department. The conversion cost for the period in the Rolling Department is $1,091,363 ($666,563 factory overhead applied and $424,800 direct labor). The total cost transferred to Finished Goods for the period was $5,600,180.
The Rolling Department had a beginning inventory of $246,000.
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