Work in Process-Rolling Department ACCOUNT NO. BALANCE DATE ITEM POST. REF. DEBIT CREDIT DEBIT CREDIT Sept. 1 Bal., 1,000 units, 30% completed Sept. 30 Smelting Dept., 24,000 units at $5.1 Sept. 30 Direct labor Sept. 30 Factory overhead Sept. 30 Finished goods Sept. 30 Bal., 2,400 units, 90% completed 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 Whole Units Equivalent Units Units Direct Materials (a) Conversion (a) Units charged to production: Inventory in process, September 1 Received from Smelting Department Total units accounted for by the Rolling Department Units to be assigned costs: Inventory in process, September 1 Started and completed in September Transferred to finished goods in September Inventory in process, September 30 Total units to be assigned costs Costs Costs Direct Materials Conversion Total Costs Cost per equivalent unit: Total costs for September in Rolling Department $ $ Total equivalent units Cost per equivalent unit (b) $ $ 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 $ 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 DATE ITEM POST. REF. DEBIT CREDIT DEBIT CREDIT October 1 Balance October 31 Smelting Dept., 27,600 units at $5.3 October 31 Direct labor October 31 Factory overhead October 31 Finished goods October 31 Bal., 1,300 units, 60% completed 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 October 31 Whole Units Equivalent Units Units Direct Materials (a) Conversion (a) 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 Costs Costs Direct Materials Conversion Total Costs Cost per equivalent unit: Total costs for October in Rolling Department $ $ Total equivalent units Cost per equivalent unit (b) $ $ 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 $ 3. The cost per equivalent unit for direct materials increased from August to October. The cost per equivalent unit for conversion costs increased from August to October. These changes should be investigated for their underlying causes, and any necessary corrective actions should be taken. Previous