In Octobec, the cost of materias transferred Inta the Roling Department from the Casting Department...
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In Octobec, the cost of materias transferred Inta the Roling Department from the Casting Department of Kraus Steel Compary is $507 Aoo. The conversion cost for the period in the Rolling Department is $107,900 ( $64,500 factory overhead applied and $43,400 direct labor). The total cost transferred to finished Geods for the period was $600,000. The Rolling Department had a beginning inventory of $28,300. Joumalte the cost of transferred-in materials. If an amount box does not require an entry, leave it blank: a2. Joumalize the conversion costs: If an amount box does not require an entry, leave it blank. a3. Joumblize the costs transferred out to Finished Goods. If an amount box does not require an entry, leave lt blank: b. Determine the balance of Work in Process - Rolling at the end of the period
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