Pittsburgh Aluminum Company uses process costing 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:

Line Item Description Amount Bal., 800 units, 20% completed: Direct materials (800 $7.20) $5,760 Conversion (800 20% $3.00) 480 Total $6,240 From Smelting Department, 19,040 units $138,992 Direct labor 36,738 Factory overhead 19,782 During September, 800 units in process on September 1 were completed, and of the 19,040 units entering the department, all were completed except 2,100 units that were 60% completed. Charges to Work in ProcessRolling for October were as follows:

Line Item Description Amount From Smelting Department, 21,900 units $164,250 Direct labor 47,090 Factory overhead 25,358 During October, the units in process at the beginning of the month were completed, and of the 21,900 units entering the department, all were completed except 1,000 units that were 90% 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. DATE ITEM POST. REF. DEBIT CREDIT BALANCE DEBIT BALANCE CREDIT September 1 Bal., 800 units, 20% completed fill in the blank 1 0 fill in the blank 2 0 fill in the blank 3 fill in the blank 4 September 30 Smelting Dept., 19,040 units at $7.3/unit fill in the blank 5 138,992 fill in the blank 6 0 fill in the blank 7 fill in the blank 8 September 30 Direct labor fill in the blank 9 36,738 fill in the blank 10 0 fill in the blank 11 fill in the blank 12 September 30 Factory overhead fill in the blank 13 19,782 fill in the blank 14 0 fill in the blank 15 fill in the blank 16 September 30 Finished goods fill in the blank 17 0 fill in the blank 18 fill in the blank 19 fill in the blank 20 September 30 Bal., 2,100 units, 60% completed fill in the blank 21 0 fill in the blank 22 0 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 Units Whole Units Equivalent Units Direct Materials (a) Equivalent Units 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 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. DATE ITEM POST. REF. DEBIT CREDIT BALANCE DEBIT BALANCE CREDIT October 1 Balance fill in the blank 65 fill in the blank 66 fill in the blank 67 fill in the blank 68 October 31 Smelting Dept., 21,900 units at $7.5/unit fill in the blank 69 fill in the blank 70 fill in the blank 71 fill in the blank 72 October 31 Direct labor fill in the blank 73 fill in the blank 74 fill in the blank 75 fill in the blank 76 October 31 Factory overhead fill in the blank 77 fill in the blank 78 fill in the blank 79 fill in the blank 80 October 31 Finished goods fill in the blank 81 fill in the blank 82 fill in the blank 83 fill in the blank 84 October 31 Bal., 1,000 units, 90% 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 Units Whole Units Equivalent Units Direct Materials (a) Equivalent Units 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 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 charged 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