PE 21-2A Units to be assigned costs obj. 2 SEE 21-2 Atlas Steel Company has two departments, Casting and Rolling. In the Rolling Department, ingots from the Casting Department are rolled into steel sheet. The Rolling Department received 86,200 tons from the Casting Department. During the period, the Rolling Department completed 83,580 tons, including 4,150 tons of work in process at the beginning of the period. The ending work in process inven- tory was 6,770 tons. How many tons were started and completed during the period? 43,580-4, 150 79 430 p. 984 21 A to a A B 1 Problem 21-2A D E G H 2 Name Section 3 Enter the appropriate amount in the shaded cells below. 4 A red asterisk (*) will appear to the right of an incorrect amount in the outlined cells 5 61. 7 VENUS CHOCOLATE COMPANY Cost of Production Report - Blending Department 9 For the Month Ended January 31, 2010 10 Equivalent Units 11 Direct Materials 12 Conversion Units Whole Units 13 (b) Units charged to production 14 Inventory in process, January 1 15 Received from materials storeroom 16 Total units accounted for by the Blending Department 11 18 Units to be assigned cost 19 Inventory in process January 1 (3/5 completed) 20 Started and completed in January 21 Transferred to Molding Department 22 Inventory in process, January 31 (1/5 completed) 23 Total units to be assigned cost 24 25 Problem 21-2A D E G Costs Conversion Direct Materials Total Costs Costs Units costs Total costs for January in Blonding Department Divide by total equivalent units Cost per equivalent unit Costs charged to production Inventory in process, January 1 Costs incurred in January Total costs accounted for by the Blending Department 7 8 39 30 41 42 Costs allocated to completed and partially completed units Inventory in process, January 1 balance To complete inventory in process, January 1 Cost of completed January 1 work in process Started and completed in January Transferred to Molding Department in January Inventory in process, January 31 Total costs assigned by the Blending Department 45 46 49 50 2 Amount per Equivalent Unit 51 52 Cost increase (decrease) direct materials Cost increase (decrease) conversion Problem 21 2A