Cost of Production and Journal Entries AccuBlade Castings Inc. casts blades for turbine engines. Within the Casting Department, alloy is first melted in a crucible, then poured into molds to produce the castings. On May 1, there were 1,100 pounds of alloy in process, which were 70% complete as to conversion. The Work in Process balance for these 1,100 pounds was $114,620, determined as follows: Direct materials (1,100 $100) $110,000 Conversion (1,100 70% $6) 4,620 $114,620