PR 20-4A reports Work in process account data for two months: cost of production oBJ. 1,2,3,4 1.c fnished $49,818 c Transferred to Hearty Soup Co. uses a process cost system to record the costs of processing soup, which goods in Apri requires the cooking and filling processes. Materials are entered from the cooking pro- cess at the beginning of the filling process. The inventory of Work in Process-Filling on April 1 and debits to the account during April were as follows: Bal, 800 units, 30% completed: xcel Direct materials (800 x $4.30) Conversion (800 30% x $1.75) 3,440 3,860 $34,320 From Cooking Department, 7,800 units Direct labor Factory overhead During April, 800 units in process on April 1 were entering the completed, and of the 7,800 units department, all were completed except 550 units that were 90% completed. Charges to Work in Process-Filling for May were as fo From Cooking Department, 9,600 units$44,160 Direct labor 12,042 6,878 Factory overhead During May, the units in process at the beginning of the month were completed, and of the 9,600 units entering the department, all were completed except 300 units that were 35% completed. Instructions 1. Enter the balance as of April 1 in a four-column account for Work in Pro Record the debits and credits in the account for April. Construct a cost of production report and present computations for determining (a) equivalent units of production for materials and conversion; (b) cost per equivalent unit; (c) cost of goods finished differentiating between units started in the prior period and units started and finished in April; and (d) work in process inventory 2. 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) ntin and 2 Work in Process-Filling Department Balance Date itern Debit Credit Debit Credit 1 Bal.. 800 units, 30% completed 30 Cooking Dept., 7,800 units, $4.40/unit 30 Direct labor 30 Factory overhead 30 Finished goods Apr. Apr. 30 Bal, 550 units, 90% comoleted May 31 Cooking Dept., 9,600 units, $4.60/unit 31 Direct labor 31 Factory overhead May 31 Bal, 300 units, 35% completed 38 Inventory in process, Aprl 1 42 43 Units to be assigned cost complete ) Inventory in process, Apri 1 Started and completed in Apni Transfemed to finished goods in April Inventory in process, Apri 30 ( Total units to be assigned costs 46 48 49 1 complete ) 51 CoSTS Costs per equivalent unit: Total costs for Aprl in Fling Department Total equivalent units 56 Cost per equivalent unt b) 58 Costs assigned to production: Inventory in process, Apni 1 Costs incumed in Apri Total costs accounted for by the Filing Department 61 Costs alocated to completed and partialy completed units: es l Inventory in process, Aprl 1 (c) F G K L Costs per equivalent unit: Total costs for Apri in Filling Department Total equivaient units Cost per equivalent unit (b) Costs assigned to production: Inventory in process, Apnl 1 Costs incumed in Apmi Total costs accounted for by the Filing Department Costs allocated to completed and partially completed units: Inventory in process, Apnil 1 (c) To complete inventory in process, Apri 1 (c) Cost of completed Apri 1 work in process Started and completed in Apnl (c) Transferred to finished goods in Apnil (c Inventory in process, April 30 (d) Total costs assigned by the Filling Department complete ) Transferred to finished goods in May COSTS Conversion Inventory in process, May 1 a Pr. 20-4A+