Equivalert Units of Conversion Costs The Roling Department of Jaben steel Compery had so0 tons in beginning woek in process imvetary (cow complete) on octicer 1 , Ourky october, is, eos tons mere completed. The ending wenk in process inventory on October 31 was 1,200 tons (2s\% complete). What are the total equivalent units for conversion costs? x units In Octaber, the cost of matoriais transterred ino the Holling Depertment trem the Casting Depertment of leberi Stwel Cempany is 56,000,000. The conversion cost for the perned in the Foiling Depertment is $925,200 (\$725,200 foctory overhead applied and $200,060 direct labor). The total cost trandtored to Firithed Goobs for the pericd was $5,775,760, The Roling Departme-t hos a beginning irventory of $318,560. a1. Joumalice the cost of trancferred in moterials for the Iloling Depsitment. if as wasont box boes not require an entry, leave it blank a2. Journalize the converion costs for the Aowing Department. if an amount Box coes not require an eotry, leave it bianic- a3. Jourpabie the costs transteried out to Finished Goods for the acting bepartment. If an amount box does hot roqure as antry, leave it bark. b. Determine the baisnce of Woek in Process-foling ot the end of the period. The costs of materiais censumed in producing good unts in the forming Department of Themas Company were $76,000 and $77,350 for $ pptember and October, renpectivel . The simber of equivatent units produced in September and October was B00 tors and Bse tons, respectively. Fvaluate the change in the cost of materials between the two months. Material cost per ton, september 1 Material cost per ton, October 1 The cost of materiais by 1 X per ton Eetween september ard Octaber tquivalent Units at Comversisn Costs The Meling Department of Jobar steel Company hes too tom in beginnivg work in precess imentory (60\%s complete) on October 1 . During October, 15 , e00 bons were completed. The ending work in precess itventary on Gctober 31 was 1,260 tons (25% comptete) What we the totat equivaieet unis for conversian conts? units Process Costang Journal Entries beginning inventory of $310,560. a 1. Journalize the cost of transferted-in materials for the Roling Department. If an amount box does not require an entry, leave it biank. a2. Journalize the conversion costs for the Roiling Department. If an amount box does not require an entry, leave it blank: a3. Journsite the costs trantevired out to Finished Goods for the Roiting Department: If an amount box does not require an entry, leave it blank. b. Determine the baisnce of Work in Process - Roting at the end of the period. Te costs of materibls consumed in producing good wnits in the Ferming Depertment or thomas Compamy were s76,000 and \$77, 350 for 5 eptemter ans Octobec, reseectivel. The number of vquivalent units peoduced in September and October was apo totis and aso tons, respectroly. Evalate the change in the cost of materials between the twa moetts. Materia cest per ten, september: Material cost perten, Oetober s The cest of materials by 5 X per ton between sestember and octaber, retates: Toter wi wit The lotar cest for each month nesds to be aliccated to each equivatent ung for that month. contider che comporients brd their reiatienavip