The cost of materials transferred into the Rolling Department of Matco Steel Company is $587,800 from the Casting Department. The conversion cost for the period in the Rolling Department is $107,700 ($64,100 factory overhead applied and $43,600 direct labor). The total cost transferred to Finished Goods for the period was $670,200. The Rolling Department had a beginning Inventory of $21,300 Hide a1. Journalize the cost of transferred-in materials