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 ProcessRolling on September 1 and debits to the account during September were as follows:

Bal., 1,000 units, 70% completed:
	Direct materials (1,000 x $4.6)	$ 4,600
	Conversion (1,000 x 70% x $1.9)	1,330
		$ 5,930
From Smelting Department, 21,700 units		$101,990
Direct labor		26,416
Factory overhead		14,224

During September, 1,000 units in process on September 1 were completed, and of the 21,700 units entering the department, all were completed except 2,800 units that were 40% completed. Charges to Work in ProcessRolling for October were as follows:

From Smelting Department, 25,000 units	$122,500
Direct labor	35,000
Factory overhead	18,844

During October, the units in process at the beginning of the month were completed, and of the 25,000 units entering the department, all were completed except 1,300 units that were 20% completed.

Required:

1. Enter the balance as of September 1 in a four-column account for Work in ProcessRolling. Record the debits and the credits in the account for September. 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 September, and (d) work in process inventory. If an amount box does not require an entry, leave it blank.