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., 400 units, 60% completed: Direct materials (400 x $3.60) $ 1,440 Conversion (400 x 60% x $1.50) 360 $ 1,800 From Cooking Department, 9,640 units $35,668 Direct labor 9,526 Factory overhead 5,130 > During April, 400 units in process on April 1 were completed, and of the 9,640 units entering the department, all were completed except 800 units that were 20% completed. Charges to Work in ProcessFilling for May were as follows: From Cooking Department, 11,100 units $43,290 Direct labor 12,860 Factory overhead 6,928 During May, the units in process at the beginning of the month were completed, and of the 11,100 units entering the department, all were completed except 500 units that were 80% completed. Required: 1. Enter the balance as of April 1 in a four-column account for Work in ProcessFilling. Record the debits and 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) cost per equivalent unit; (c) cost of goods finished, differentiating between units started in the prior period and units started and nished 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., 400 units, 60% completed 1,800 30 Cooking Dept., 9,640 units at $3.70 35,668 30 Direct labor 9,526 30 Factory overhead 5,130 30 Finished goods 30 Bal., 800 units, 20% completedIf an amount box does not require an entry, leave it blank. Round cost per unit answers to the nearest cent. Hearty Soup Co. Cost of Production Report-Filling Department For the Month Ended April 30 Whole Units Equivalent Units Direct Conversion Materials (a) (a) Units charged to production: Inventory in process, April 1 Received from Cooking Department Total units accounted for by the Filling Department Units to be assigned costs: Inventory in process, April 1 Started and completed in April Transferred to finished goods in April Inventory in process, April 30 Total units to be assigned costs Costs per equivalent unit: 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 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 Direct Materials Conversion -x 2. Provide the same information for May by recording the May transactions in the fourcolumn work in process account. Construct a cost of production report and present the May computations (a through d) isted 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 | I I I I I l I 31 Cooking Dept., 11,100 units at $3.9 I I I I I I I I 31 Direct labor I I I I I I I I 31 Factory overhead I I I I I I I I 31 Finished goods I i i | i | l i 31 Ba|., 500 units, 80% completed I I I I I I I I If an amount box does not require an entry, leave it blank. Round cost per unit answers to the nearest cent. Hearty Soup Co. Cost of Production Report-Filling Department For the Month Ended May 31 Whole Units Equivalent Units Direct Conversion 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 Transferred to finished goods in May Inventory in process, May 31 Total units to be assigned costs 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) To complete inventory in process, May 1 (c) Cost of completed May 1 work in process Started and completed in May (c) Transferred to finished goods in May (c) Inventory in process, May 31 (d) Total costs assigned by the Filling Department Direct Materials Costs Conversion Total