Pittsburgh Aluminum Company uses a process cost system to record the costs of manufacturing rolled aluminum, which consists of the smelting and rolling processes. Materials are entered from smelting at the beginning of the rolling process. The inventory of Work in ProcessRolling on September 1 and debits to the account during September were as follows: Bal., 2,600 units, completed: Direct materials (2,600 x $15.50) $40,300 Conversion (2,600 x x $8.50) 5,525 $45,825 From Smelting Department, 28,900 units $462,400 Direct labor 158,920 Factory overhead 101,402 During September, 2,600 units in process on September 1 were completed, and of the 28,900 units entering the department, all were completed except 2,900 units that were 4/5 completed. Charges to Work in ProcessRolling for October were as follows: From Smelting Department, 31,000 units $511,500 Direct labor 162,850 Factory overhead 104,494 During October, the units in process at the beginning of the month were completed, and of the 31,000 units entering the department, all were completed except 2,000 units that were 2/5 completed. Required: 1. Enter the balance as of September 1 in a four-column account for Work in ProcessRolling. Record the debits and the credits in the account for September. Construct a cost of production report and present computations for determining (a) equivalent units of production for materials and conversion, (b) costs per equivalent unit, (c) cost of goods finished, differentiating between units started in the prior period and units started and finished in September, and (d) work in process inventory. If an amount box does not require an entry, leave it blank. ACCOUNT Work in Process-Rolling Department ACCOUNT NO. BALANCE DATE ITEM POST. REF. DEBIT CREDIT DEBIT CREDIT Sept. 1 Bal., 2,600 units, 1/4 completed fill in the blank 1 fill in the blank 2 fill in the blank 3 fill in the blank 4 Sept. 30 Smelting Dept., 28,900 units at $16.00/unit fill in the blank 5 fill in the blank 6 fill in the blank 7 fill in the blank 8 Sept. 30 Direct labor fill in the blank 9 fill in the blank 10 fill in the blank 11 fill in the blank 12 Sept. 30 Factory overhead fill in the blank 13 fill in the blank 14 fill in the blank 15 fill in the blank 16 Sept. 30 Finished goods fill in the blank 17 fill in the blank 18 fill in the blank 19 fill in the blank 20 Sept. 30 Bal., 2,900 units, 4/5 completed fill in the blank 21 fill in the blank 22 fill in the blank 23 fill in the blank 24 If an amount is zero, enter in a zero "0". Round cost per unit answers to the nearest cent. Pittsburgh Aluminum Company Cost of Production Report-Rolling Department For the Month Ended September 30 Whole Units Equivalent Units Units Direct Materials (a) Conversion (a) Units charged to production: Inventory in process, September 1 fill in the blank 25 Received from Smelting Department fill in the blank 26 Total units accounted for by the Rolling Department fill in the blank 27 Units to be assigned costs: Inventory in process, September 1 fill in the blank 28 fill in the blank 29 fill in the blank 30 Started and completed in September fill in the blank 31 fill in the blank 32 fill in the blank 33 Transferred to finished goods in September fill in the blank 34 fill in the blank 35 fill in the blank 36 Inventory in process, September 30 fill in the blank 37 fill in the blank 38 fill in the blank 39 Total units to be assigned costs fill in the blank 40 fill in the blank 41 fill in the blank 42 Costs Costs Direct Materials Conversion Total Costs Cost per equivalent unit: Total costs for September in Rolling Department $fill in the blank 43 $fill in the blank 44 Total equivalent units fill in the blank 45 fill in the blank 46 Cost per equivalent unit (b) $fill in the blank 47 $fill in the blank 48 Costs assigned to production: Inventory in process, September 1 $fill in the blank 49 Costs incurred in September fill in the blank 50 Total costs accounted for by the Rolling Department $fill in the blank 51 Costs allocated to completed and partially completed units: Inventory in process, September 1 balance (c) $fill in the blank 52 To complete inventory in process, September 1 (c) $fill in the blank 53 $fill in the blank 54 fill in the blank 55 Cost of completed September 1 work in process $fill in the blank 56 Started and completed in September (c) fill in the blank 57 fill in the blank 58 fill in the blank 59 Transferred to finished goods in September (c) $fill in the blank 60 Inventory in process, September 30 (d) fill in the blank 61 fill in the blank 62 fill in the blank 63 Total costs assigned by the Rolling Department $fill in the blank 64 2. Provide the same information for October by recording the October transactions in the four-column work in process account. Construct a cost of production report, and present the October computations (a through d) listed in part (1). If an amount box does not require an entry, leave it blank. ACCOUNT Work in Process-Rolling Department ACCOUNT NO. Balance DATE ITEM POST. REF. DEBIT CREDIT DEBIT CREDIT Oct. 1 Balance fill in the blank 65 fill in the blank 66 fill in the blank 67 fill in the blank 68 Oct. 31 Smelting Dept., 31,000 units at $16.50/unit fill in the blank 69 fill in the blank 70 fill in the blank 71 fill in the blank 72 Oct. 31 Direct labor fill in the blank 73 fill in the blank 74 fill in the blank 75 fill in the blank 76 Oct. 31 Factory overhead fill in the blank 77 fill in the blank 78 fill in the blank 79 fill in the blank 80 Oct. 31 Finished goods fill in the blank 81 fill in the blank 82 fill in the blank 83 fill in the blank 84 Oct. 31 Bal., 2,000 units, 2/5 completed fill in the blank 85 fill in the blank 86 fill in the blank 87 fill in the blank 88 If an amount is zero, enter in a zero "0". Round cost per unit answers to the nearest cent. Pittsburgh Aluminum Company Cost of Production Report-Rolling Department For the Month Ended October 31 Whole Units Equivalent Units Units Direct Materials (a) Conversion (a) Units charged to production: Inventory in process, October 1 fill in the blank 89 Received from Smelting Department fill in the blank 90 Total units accounted for by the Rolling Department fill in the blank 91 Units to be assigned costs: Inventory in process, October 1 fill in the blank 92 fill in the blank 93 fill in the blank 94 Started and completed in October fill in the blank 95 fill in the blank 96 fill in the blank 97 Transferred to finished goods in October fill in the blank 98 fill in the blank 99 fill in the blank 100 Inventory in process, October 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 Cost per equivalent unit: Total costs for October in Rolling 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 assigned to production: Inventory in process, October 1 $fill in the blank 113 Costs incurred in October fill in the blank 114 Total costs accounted for by the Rolling Department $fill in the blank 115 Costs allocated to completed and partially completed units: Inventory in process, October 1 balance (c) $fill in the blank 116 To complete inventory in process, October 1 (c) $fill in the blank 117 $fill in the blank 118 fill in the blank 119 Cost of completed October 1 work in process $fill in the blank 120 Started and completed in October (c) fill in the blank 121 fill in the blank 122 fill in the blank 123 Transferred to finished goods in October (c) $fill in the blank 124 Inventory in process, October 31 (d) fill in the blank 125 fill in the blank 126 fill in the blank 127 Total costs assigned by the Rolling Department $fill in the blank 128 3. The cost per equivalent unit for direct materials from August to October. The cost per equivalent unit for conversion costs from August to October. These changes be investigated for their underlying causes, and any necessary corrective actions should be taken.