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 Process-Filling on April 1 and debits to the account during April were as follows: Bal., 400 units, 30% completed: Direct materials (400 x $6.20) $ 2,480 Conversion (400 x 30% $2.60) 312 $ 2,792 From Cooking Department, 9,400 units $59,220 Direct labor 16,778 Factory overhead 9,034 During April, 400 units in process on April 1 were completed, and of the 9,400 units entering the department, all were completed except 1,200 units that were 90% completed. Charges to Work in Process-Filling for May were as follows: From Cooking Department, 10,800 units $70,200 Direct labor 19,510 Factory overhead 10,506 During May, the units in process at the beginning of the month were completed, and of the 10,800 units entering the department, all were completed except 500 units that were 60% completed. Required: 1. Enter the balance as of April 1 in a four-column account for Work in Process-Filling. 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 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., 400 units, 30% completed Cooking Dept., 9,400 units at $6.30 Direct labor 30 30 30 30 30 Factory overhead Finished goods Bal., 1,200 units, 90% completed If an amount is zero, enter in a zero "O". 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 Units Direct Materials (a) Conversion (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 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 1 Balance 31 Cooking Dept., 10,800 units at $6.5 31 Direct labor 31 Factory overhead Finished goods 31 Bal., 500 units, 60% completed If an amount is zero, enter in a zero "0". 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 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