Process Cost Soumalis in July, the cost of materials transferred into the Rolling Department from the Casting Department of Oak Steel Company is $85,000. The conversion cost for the period in the Rolling Department is $114,200 (165,100 factory overhead applied and $48, 100 direct labor). The total cost transferred to Finished Goods for the period was $570,000. The Rolling Department had a beginning inventory of $20,700 al. Joumalize the cost of transferred in materials. Work in Process Rolling Work in Process Casting Se a2. Joum the conversion costs an out box does not Works Preces 16 Factory Overhead 5.100 Wave O - N M C HP Laptop Do more from anywhere. All-day long. CORE valls, work in process, and finished goods 3. Journalize the costs transferred out to Finished Goods Finished Goods Work in Process Rolling Fodbad Now that there completed how will attemesse accounts of the bus? Remembe there are the oven raw materials, workin process, and shed goods b. Determine the balance of work in Process-Roting at the end of the period. Recall the work in process account represents the costs assed with us that have been started during the period but have been completed and transured out O E F K K L. B. M N (hp HP Laptop Do more from anywhere. dalona