Tile produces ceramic tiles using two sequential production departments: Tile-Forming and Tile-Finishing. The following information was found for

Cleveland

Tile's first production process, the Tile-Forming Department.

Requirement

Use the five steps of process costing to calculate the cost that should be assigned to (1) units completed and transferred out and (2) units still in ending work in process inventory. Then prepare the journal entry needed at month-end to transfer the costs associated with the formed tiles to the next department, Tile-Finishing

Information about units:
Beginning work in process, May 1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .		2,500 units
Started in production during May. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .		21,300 units
Completed and transferred to Finishing Department during May. . . . . . . . . . . . . . . . . . . . . . .		21,000 units
Ending work in process, May 31 (25% complete as to direct
materials, 55% complete as to conversion cost). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .		2,800 units
Information about costs:
Beginning work in process, May 1 (consists of $1,300 of direct materials cost
and $4,500 of conversion costs). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .		$5,800
Direct materials used in May. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .		$5,210
Conversion costs incurred in May. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .		$32,691