rk in Process Account Data for Two Months; Cost of Production Reports arty Soup Co. uses a process cost system to record the costs of processing soup, which requires the cooking and filling proc filling process. The inventory of Work in Process-Filling on April 1 and debits to the account during April were as follows: 1., 400 units, 70% completed: Direct materials (400 x $7.70) $ 3,080 Conversion (400 x 70% x $3.20) 896 $ 3,976 om Cooking Department, 8,840 units $68,952 rect labor 17,675 ctory overhead 9,517 - During April, 400 units in process on April 1 were completed, and of the 8,840 units entering the department, all were comp Charges to Work in Process-Filling for May were as follows: From Cooking Department, 10,200 units $81,600 Direct labor 23,250 Factory overhead 12,518 During May, the units in process at the beginning of the month were completed, and of the 10,200 units entering the depart Required: 1. Enter the balance as of April 1 in a four-column account for Work in Process-Filling. Record the debits and credi computations for determining (a) equivalent units of production for materials and conversion; (b) cost per equivaler period and units started and finished in April; and (d) work in process inventory. If an amount box does not require s-Filling. Record the debits and credits in the account for April. Construct a cost of production report and present and conversion; (b) cost per equivalent unit; (c) cost of goods finished, differentiating between units started in the prior y. If an amount box does not require an entry, leave it blank. CCOUNT Work in Process-Filling Department ACCOUNT NO BAL DATE ITEM POST. REF. DEBIT CREDIT DEBIT Bal., 400 units, 70% completed 30 Cooking Dept., 8,840 units at $7.80 30 Direct labor 30 Factory overhead 30 Finished goods 30 Bal., 1,200 units, 40% completed leave it blank. ICE CREDIT Direct Conversion Units Materials (a) (a) Units charged to production: Inventory in process, April 1 Received from Cooking Department Total units accounted for by the Filling Department nits to be assigned costs: Inventory in process, April 1 Started and completed in April 1 Transferred to finished goods in April Inventory in process, April 30 Total units to be assigned costs Total costs for April in Filling Department Total equivalent units Cost per equivalent unit (b) Costs charged to production: Inventory in process, April 1 Costs incurred in April Total costs accounted for by the Filling Department Cost allocated to completed and partially completed units: Inventory in process, April 1 balance (c) To complete inventory in process, April 1 (c) Cost of completed April 1 work in process 111 111 Started and completed in April (C) $ Transferred to finished goods in April (C) Inventory in process, April 30 (d) Total costs assigned by the Filling Department Costs Direct Materials Conversion Total valent unit: For April in Filling Department alent units uivalent unit (b) to production: process, April 1 ed in April ccounted for by the Filling Department to completed and partially completed units: TA process, April 1 balance (c) inventory in process, April 1 (c) bleted April 1 work in process completed in April (c) zo finished goods in April (c) 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 M through d) listed in part (1). If an amount box does not require an entry, leave it blank, ACCOUNT Work in Process-Filling Department ACCOUNT NO. Balance DATE ITEM POST. REF. DEBIT CREDIT DEBIT CREDIT May 1 Balance 31 Cooking Dept., 10,200 units at $8 31 Direct labor 31 Factory overhead 31 Finished goods 31 Bal., 500 units, 20% completed Hearty Soup Co. Cost of Production Report-Filling Department For the Month Ended May 31 Whole Units Equivalent Units Direct Conversion Units Materials (a) (a) Units charged to production: Inventory in process, May 1 Received from Cooking Department Total'units accounted for by the Filling Department Units to be assigned costs: Inventory in process, May 1 Started and completed in May ILI Transferred to finished goods in May Inventory in process, May 31 Total units to be assigned costs Costs per equivalent unit: Total costs for May in Filling Department Total equivalent units Cost per equivalent unit (b) Costs charged to production: Inventory in process, May 1 Costs incurred in May Total costs accounted for by the Filling Department Cost allocated to completed and partially completed units: Inventory in process, May 1 balance (c) 111 To complete inventory in process, May 1 (0) Cost of completed May 1 work in process Started and completed in May (c) I11 Transferred to finished goods in May (c) Inventory in process, May 31 (d) Total costs assigned by the Filling Department fr 3. The cost per equivalent unit for direct materials from March to May. The cost per equivalent unit for conversion costs changes be inyestigated for their underlying causes, and any necessary corrective actions should be taken