Process Costing Journal Entries In October, the cost of materials transferred into the Rolling Department from the Casting Department of Jabari Steel Company is $562,100. The corversion cost for the period in the Rollino Department is $111,600($69,100 factory overhead applied and $42,500 direct labor). The total cost transferred to Finished Goods for the period was $590,000. The Rolling Department had a beginning inventory of $26,800. a1. Journalize the cost of transferred-in materials for the Rolling Department. If an' amount box does not require an entry, leave it blank. Feedtasck T Check My Whork transferred from one department to the next. a2. Journalize the conversion costs for the Rolling Department, If an amount box does not require an entry, leave it blank a3. Joumalize the costs transferred out to Finished Goods for the Rolling Department. If an amount box does not require an entry, leave it blank. Feedback T. Check Mr Won Now that the ungly are completed how will that affect the asset accounts of the business? Remember there are three types of inventory, Ram Materials, Work in Process, and Finished Goods. b. Determine the balance of Work in Process-Rolling at the end of the perlod