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C-11-01 Managerial Accounting Work in Process Account Data For Ten Months Cost Cheg Cengage One teaching and ingressure from Cengage i Work in Process Account
C-11-01 Managerial Accounting Work in Process Account Data For Ten Months Cost Cheg Cengage One teaching and ingressure from Cengage i Work in Process Account Data for Two Months; Cast of Production Report Pittsburgh Aluminum Company uses a process cst vystem to record the costs of manufacturing rolled aluminum, which consists of the ameting and ming pro Materials are entered from smetting at the beginning of the rolling process. The inventory of Work in Process-Roting on September 1 and debits to the accounting September were as f Bal 2,600 units, completed Direct materials (2,600 $15.50) Conversion (2,600x850) From Smeting Department, 28,900 Delbr Factory over 340,300 3.525 $462,430 150,920 101.402 During September 2,400 nits in process on September were completed, and of the 20,900 entering the expartment, were A/S complet Charges to Working for Oter were as follows: D eBook During October, the units in process at the beginning of the month were completed, and of the 31,000 units entering the department, all were complex units that were 2/5 completed. Required: 1. Enter the balance as of September 1 in a four-column account for Work in Process-Rolling. Record the debits and the credits in the account for September Constru a cost of production report and present computations for determining (a) patent units of production for materials and conversion () costs erat, (d cost of goods finished, differentiating between units started in the prior period and units started and finished in September, and (4) work in process inventory an amount box does not require an entry, leave it blank ACCOUNT Work in Process-Rolling Department DATE ITEM Sept. 1 Bal, 2.600 units, 1/4 completed Sept. 30 Smelting Dept, 28,900 units at $16.00/ Sept. 30 Direct labor Sept. 30 Factory overhead Sept. 30 Finished goods Sept. 30 Bal, 2,900 units 4/5 completed ACCOUNT NO. BALANCE POST. REF DEBIT CREDIT DEBIT CREDIT 45,825 462,400 508,225 158,920 466,545 101,402 767,947 f an amunt is zers, enter a ser "0" Round cost per unit answers to the nearest cent Chick My Work Check My Working Prote 501-Managerial Accountin Work In Process Account Data For Two Men Cost Chegg CengigetowV21 Online teaching and age Larang Pittsburgh Aluminum Company Cost of Production Report-Rolling Department For the Month Ended September 30 Units Units charged to production Whole Units Equivalent Units Direct Materials (0) Conversion (a) Inventory in process, September 1 2,600 Received from Smelting Department 20,900 Total units accounted for by the Rolling Department 31,500 Units to be assigned costs: Inventory in process, September 1 Started and completed in September Transferred to finished goods in September Inventory in process, September 30 2,000 300 2,900 Total units to be assigned costs Check My Wore Check My W Conta Work in Process Account Data For Two Maths Cost Cengage teaching and ang gage Lang Costs Cost per equivalent unit Total costs for September in Rolling Department Total equivalent units Cost per equivalent unit (b) Costs assigned to production Inventory in process, September 11 Costs incurred in September Total costs accounted for by the Rolling Department Costs allocated to completed and partially completed units Inventory in process, September 1 Selance (c) To complete inventory in process. September 1 (c) Coal of completed September 1 work in process Started and completed in September (c) Transferred to finished goods in September Inventory in prices, September 30 (6) tal costs assigned by the Rating Department Check My Work more Check My Work using Cost Direct Materials Conversion Total C atalana 215, Work in Process Accoum Data For Two Month Cost Chg.com Cengage Online teaching and ringi La 2. Provide the same information for October by recording the October transactions in the four-column work in process account Construct act of proport present the October computations (a through d) listed in part (1). If an amount box does not requins an entry, le ACCOUNT Work in Process-Rolling Department ACCOUNT NO. Balance POST. REF DEBIT CREDIT CREDIT DATE ITEM Oct. 1 Od. 31 Smelting Dept. 31,000 units at $16.50/un Oct. 31 Direct labor Od. 31 Factory overhead 0. 31 Finished goods Oct. 31 Bal 2,000 units, 2/5 complete If an amount is zero, enter in a zero " Rount cost per unit answers to the newest cent Pittsburgh Aluminum Company Cost of Production Report-Rolling Department For the Month Ended October 31 Whole Units quivalent Unit Check My Work Check My Work uses Perios meg for Ging A 15-601 Mangal Accounting Work in Proces Accours Data For Two Mantha Cest Ch Pittsburgh Aluminum Company Cost of Production Report-Rolling Department For the Month Ended October 31 Units Units charged to production Inventory in process, October 1 Received from Smelting Department Total units accounted for by the Roling Department units to be assigned costs Inventory in process, October 1 Started and completed in October Transferred to finished goods in October Inventory in process, October 31 Total units to be aged costs Costa Check My Work noe Check My Working Whole Units Equivalent Units Direct Materials (a) Conversion (4) 00 Cengage Online arting and lenger Direct Materials Caste Conversion Total Cast Previs Sor Stmal Costs Cost per equivalent unit Total costs for October in Rolling Department Cost per equivalent unit() Costs assigned to production Inventory in process, October 1 Costs incurred in October Total costs accounted for by the Sulling Department Costs allocated to completed and partially completed units Inventory in process, October 1 (1) To complete inventory in ascess, Octate() Cast of completed October 3 work pronase Started and compte Oct() and to fhad goods in October Inventory in process, October 31 (0) Cost Direct Materials Conversion Total Cost Total equivalent units Cost per equivalent unit (b) Costs assigned to production Inventory in process, October 1 Costs incurred in October Total costs accounted for by the Rolling Department Costs allocated to completed and partially completed units: Inventory in process, October 1 balance (c) To complete inventory in process, October 1 (c) Cast of completed October 1 work in process Started and completed in October (c) Transferred to finished goods in October [c] Inventory in process, October 31 (0) Total costs assigned by the Rating Department 3. The cust per equivalent unit for direct mates increased from August te October. The ct per equivalent unt for conversion costs sed August to October. These changes should be investigated for their underlying causes, and any necessary convective actions should be taken Check My Work Check My Work using Previous Emat Intructor Save and S
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