Work in Process Account Data for Two Months; Cost of Production Reports Pittsburgh Aluminum Company uses a process cost system to record the costs of manufacturing rolled aluminum, which consists of the smelting and rolling processes. Materials are entered from smelting at the beginning of the rolling process. The inventory of Work in Process-Rolling on September 1 and debits to the account during September were as follows: Bal, 600 units, 40% completed: Direct materials (600 x $7.70) $4,620 Conversion (600 x 40% x $3.20 ) 768 $5,300 From Smelting Department, 13,920 units $108,576 Direct labor Factory overhead 20,766 15,490 During September, 600 units in process on September 1 were completed, and of the 13,920 units entering the department, all were completed except 1,500 units that were 70% completed. Charges to Work in Process-Rolling for October were as follows: From Smelting Department, 16,000 units Direct labor $120,000 36,180 19,478 Factory overhead During October, the units in process at the beginning of the month were completed, and of the 16,000 units entering the department, all were completed except 800 units that were 90% completed. ACCOUNT Work in Process Rolling Department DATE TITEM EETA Sept. 1 Bal., 600 units, 40% completed Sept. 30 Smelting Dept, 13,920 units at $7.0 EETA Sept. 30 Direct labor Sept. 30 Factory overhead Sept. 30 Finished goods Sept. 30 Bal, 1,500 units, 70% completed ACCOUNT NO. BALANCE POST. REF DEBIT CREDIT DEBIT CREDIT 0 0 5,388 v 108,576 0 0 28,766 0 0 15,490 0 If an amount is zero, enter in a zero 70 Round cost per unit answers to the nearest cent. Pittsburgh Aluminum Company Cost of Production Report-Rolling Department For the Month Ended September 30 Whole Units Equivalent Units If an amount is zero, enter in a zero "0". Round cost per unit answers to the nearest cent. Pittsburgh Aluminum Company Cost of Production Report-Rolling Department For the Month Ended September 30 Units Units charged to production: Whole Units Equivalent Units Direct Materials (a) Conversion (a) Inventory in process, September 1 600 Received from Smelting Department 13,920 Total units accounted for by the Rolling Department 14,520 Units to be assigned costs: Inventory in process, September 1 600 0 Started and completed in September 12,420 12,420 Transferred to finished goods in September 13,020 12,420 Inventory in process, September 30 1,500 1,500 Total units to be assigned costs 14,520 Check My Work 12,420 Costs Cost per equivalent unit: Total costs for September in Rolling Department Total equivalent units Cost per equivalent unit (b) HEETA.. HEETA... Costs assigned to production: Inventory in process, September 1 Costs incurred in September Total costs accounted for by the Rolling Department Costs allocated to completed and partially completed units: Inventory in process, September 1 balance (c) To complete inventory in process, September 1 (c) Cost of completed September 1 work in process Started and completed in September (c) Transferred to finished goods in September (c) Inventory in process, September 30 (d) Total costs assigned by the Rolling Department Direct Materials Costs Conversion Total Costs Problems HEETA... EETA.. Book Started and completed in September (c) Transferred to finished goods in September (c) Inventory in process, September 30 (1) Tital costs gned by the Rolling Department 2. Provide the same information for October by recording the October transactions in the four-column work in process account. Construct a cost of production report, and present the October computations (a through d) listed in part (1). If an amount box does not require an entry, leave it blank. ACCOUNT Work in Process-Rolling Department ACCOUNT NO. Balance ITEM POST. REF. DEBIT CREDIT DEBIT CREDIT DATE October 1 Balance October 31 Smelting Dept., 16,000 units at $8. October 31 Direct labor October 31 Factory overhead October 31 Finished goods October 31 Bal. 800 units, 90% completed Pittsburgh Aluminum Company Cost of Production Report-Rolling Department For the Month Ended October 31 Units Units charged to production: Inventory in process, October 1 Received from Smelting Department Total units accounted for by the Rolling Department Units to be assigned costs: Inventory in process, October 1 Started and completed in October Transferred to finished goods in October Inventory in process, October 31 Total units to be assigned costs Check My Work Whole Units Equivalent Units Direct Materials (a) Conversion (a) Co 30 0 NKSHEETA... Cost per equivalent unit: Costs Total costs for October in Roling Department Total equivalent units Cost per equivalent unt (b) NKSHEETA Costs assigned to production Inventory in process, October 1 Costs incurred in October Total costs accounted for by the Rolling Department Costs allocated to completed and partially completed units: Inventory in process, October 1 balance (c) To complete inventory in process, October 1 (c) Cost of completed October 1 work in process Started and completed in October (c) Transferred to finished goods in October (c) Inventory in process, October 31 (d). Total costs assigned by the Rolling Department Direct Haterials Costs Conversion Total Costs