eflook 1, there were 700 pounds of alloy in process, which were 40% complete as to conversion. The Work in Process balance for these 700 pounds was $64,680, determined as follows Direct materials (700x590) Conversion (700x40% x $6) $63,000 1,680 $64,680 During May, the Casting Department was charged $567,600 for 6,600 pounds of alloy and $13,290 for direct labor, Factory overhead is applied to the department at a rate of 50% of direct labor. The department transferred out 6,800 pounds of finished castings to the Machining Department. The May 31 inventory in process was 25% complete as to conversion. al. Prepare the May journal entry for the Casting Department for the materials charged to production. Work in Process-Casting Department Materials Alloy 567,600 567,600 a2. Prepare the May journal entry for the Casting Department for the conversion costs charged to production. If an amount box does not require an entry, leave it blank. Work in Process Casting Department Wages Payable Factory Overhead Casting Department 33.225 13,290 19,935 a3. Prepare the May journal entry for the Casting Department for the completed production transferred to the Machining Department. Work in Process Machining Department Work in Process Casting Department