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Hearty Soup Co. uses a process cost system to record the costs of processing soup, which requires the cooking and filling processes. Materials are entered

Hearty Soup Co. uses a process cost system to record the costs of processing soup, which requires the cooking and filling processes. Materials are entered from the cooking process at the beginning of the filling process. The inventory of Work in ProcessFilling on April 1 and debits to the account during April were as follows:

Bal., 400 units, 70% completed:
Direct materials (400 x $6.00) $ 2,400
Conversion (400 x 70% x $2.50) 700
$ 3,100
From Cooking Department, 9,160 units $55,876
Direct labor 15,075
Factory overhead 8,117

During April, 400 units in process on April 1 were completed, and of the 9,160 units entering the department, all were completed except 600 units that were 40% completed. Charges to Work in ProcessFilling for May were as follows:

From Cooking Department, 10,500 units $66,150
Direct labor 18,360
Factory overhead 9,882

During May, the units in process at the beginning of the month were completed, and of the 10,500 units entering the department, all were completed except 500 units that were 20% completed.

Provide the same information for May by recording the May transactions in the four-column work in process account. Construct a cost of production report and present the May computations (a through d) listed in part (1). If an amount box does not require an entry, leave it blank.

ACCOUNT Work in Process-Filling Department ACCOUNT NO.
Balance
DATE ITEM POST. REF. DEBIT CREDIT DEBIT CREDIT
May 1 Balance fill in the blank 65 fill in the blank 66 fill in the blank 67 fill in the blank 68
31 Cooking Dept., 10,500 units at $6.3 fill in the blank 69 fill in the blank 70 fill in the blank 71 fill in the blank 72
31 Direct labor fill in the blank 73 fill in the blank 74 fill in the blank 75 fill in the blank 76
31 Factory overhead fill in the blank 77 fill in the blank 78 fill in the blank 79 fill in the blank 80
31 Finished goods fill in the blank 81 fill in the blank 82 fill in the blank 83 fill in the blank 84
31 Bal., 500 units, 20% completed fill in the blank 85 fill in the blank 86 fill in the blank 87 fill in the blank 88

If an amount box does not require an entry, leave it blank. Round cost per unit answers to the nearest cent.

Hearty Soup Co. Cost of Production Report-Filling Department For the Month Ended May 31
Whole Units Equivalent Units
Units Direct Materials (a) Conversion (a)
Units charged to production:
Inventory in process, May 1 fill in the blank 89
Received from Cooking Department fill in the blank 90
Total units accounted for by the Filling Department fill in the blank 91
Units to be assigned costs:
Inventory in process, May 1 fill in the blank 92 fill in the blank 93 fill in the blank 94
Started and completed in May fill in the blank 95 fill in the blank 96 fill in the blank 97
Transferred to finished goods in May fill in the blank 98 fill in the blank 99 fill in the blank 100
Inventory in process, May 31 fill in the blank 101 fill in the blank 102 fill in the blank 103
Total units to be assigned costs fill in the blank 104 fill in the blank 105 fill in the blank 106

Costs
Costs Direct Materials Conversion Total
Costs per equivalent unit:
Total costs for May in Filling Department $fill in the blank 107 $fill in the blank 108
Total equivalent units fill in the blank 109 fill in the blank 110
Cost per equivalent unit (b) $fill in the blank 111 $fill in the blank 112
Costs charged to production:
Inventory in process, May 1 $fill in the blank 113
Costs incurred in May fill in the blank 114
Total costs accounted for by the Filling Department $fill in the blank 115
Cost allocated to completed and partially completed units:
Inventory in process, May 1 balance (c) $fill in the blank 116
To complete inventory in process, May 1 (c) $fill in the blank 117 $fill in the blank 118 fill in the blank 119
Cost of completed May 1 work in process $fill in the blank 120
Started and completed in May (c) fill in the blank 121 fill in the blank 122 fill in the blank 123
Transferred to finished goods in May (c) $fill in the blank 124
Inventory in process, May 31 (d) fill in the blank 125 fill in the blank 126 fill in the blank 127
Total costs assigned by the Filling Department $fill in the blank 128

3. The cost per equivalent unit for direct materials

decreasedincreased

from March to May. The cost per equivalent unit for conversion costs

decreasedincreased

from March to May. These changes

need notshould

be investigated for their underlying causes, and any necessary corrective actions should be taken.

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