Work in process account data for two months; cost of production reports

Hearty Soup Co. uses a process cost system to record the costs of processing soup, which requires the cooking and filling processes. Materials are entered from the cooking process at the beginning of the filling process. The inventory of Work in ProcessFilling on April 1 and debits to the account during April were as follows:

Bal., 800 units, 30% completed:
	Direct materials (800 $4.30)	$3,440
	Conversion (800 30% $1.75)	420
		$3,860
From Cooking Department, 7,800 units		$34,320
Direct labor		8,562
Factory overhead		6,387

During April, 800 units in process on April 1 were completed, and of the 7,800 units entering the department, all were completed except 550 units that were 90% completed.

Charges to Work in ProcessFilling for May were as follows:

From Cooking Department, 9,600 units	$44,160
Direct labor	12,042
Factory overhead	6,878

During May, the units in process at the beginning of the month were completed, and of the 9,600 units entering the department, all were completed except 300 units that were 35% completed.

Required:

1. Enter the balance as of April 1, in a four-column account for Work in ProcessFilling. Record the debits and the credits in the account for April. Construct a cost of production report, and present computations for determining (a) equivalent units of production for materials and conversion, (b) costs per equivalent unit, (c) cost of goods finished, differentiating between units started in the prior period and units started and finished in April, and (d) work in process inventory. 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

Apr. 1

Bal., 800 units, 30% completed

Apr. 30

Cooking Dept., 7,800 units at $4.40

Apr. 30

Direct labor

Apr. 30

Factory overhead

Apr. 30

Finished goods

Apr. 30

Bal., 550 units, 90% completed

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 May computations (a 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 31	Balance
May 31	Cooking Dept., 9,600 units at $4.60
May 31	Direct labor
May 31	Factory overhead
May 31	Finished goods
May 31	Bal., 300 units, 35% completed

Hearty Soup Co. Cost of Production Report-Filling Department For the Month Ended May 31
	Whole Units	Equivalent Units
Units		Direct Materials (a)	Conversion (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
Transferred to finished goods in May
Inventory in process, May 31
Total units to be assigned costs