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Work in Process Account Data for Two MorthaCost of Production Reports Pitsburgh Aluminium Company uses a process cost system to record the cost of manufacturing roled aluminum, which consists of the meting and rolling processes Materials are entered from making the beginning of the rolling process. The inventory of work in Process Rolling on September 1 and debits to the account during September were as follows: Bal., 600 units, 80% completed: Direct materials (600 X 15.7) $4,020 Conversion (600 x 80% x 12.8) 1,344 $5.354 From Smelting Department, 13.500 units 391.800 Direct labor 23,563 Factory overhead 12,687 During September, 600 units in process on September I were completed, and of the 13.00 units entering the department, wi were completed except 1.600 units that were so come. Changes to work in Process --Rolling for October were as follows: From Smeting Department, 15,500 un $108,500 Direct labor 28,910 Factory overhead 16,110 During October, the units in process at the beginning of the month were completed, and of the 15.00 units entering the department, all were completed except 800 units that were completed Required: 1. Enter the balance as of September in a four-column count for work in Proces-Roting Record the dents and the credits in the account for September. Construct a cost of production report and present computations for determining (a) cuivalent of production for materials and conversion, b) costs per eventun, le) coat of goods frihed, citerentiating between units started in the prior period and units started and finished in September, and work in process inventory. an amount box does not require an entry, leave bank ACCOUNT NO. ACCOUNT Work in Process Rolling Department BALANCE ACCOUNT Work In Procese Rolling Department ACCOUNT NO BALANCE DATE POST. REF. DEBIT CREDIT DEBIT CREDIT Sept. 5,364 Bal., 600 units, 80completed Smelting Dept. 13,500 units at $6.8 Direct labor 91,800 23,563 Sept. 30 Sept. 30 Sept. 30 Sept. 30 Sept. 30 12,687 Factory overhead Fished goods Bal., 1.600 units, 30% completed 16, 110 X If an amount is ere, enter in a ser "O". Round cost per un answers to the nearest cent. Pittsburgh Aluminum Company Cost of Production Report Rolling Department For the Month Ended September 30 Whole Units Equivalent Units Conversion Units Direct Materials (a) Units charged to production Inventory in process, September 1 Received from Smelting Department Total units accounted for by the Rolling Department Cost of Production Report-Rolling Department For the Month Ended September 30 Whole Units Equivalent Unite Units Direct Materials (0) Conversion ( 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 Conversion Total Costs Direct Materials Costs $ Cost per equivalent unit: Total costs for September in Rolling Department Total equivalent units Coats ceste Total Costs Conversion Direct Materiais Cost per equivalent unit: Total costs for September in Rolling Department Total valent units Cost per equivalent (h) Costs assigned to production Inventory in process, September 1 Couts incurred in September Total accounted for by the Ring Department Corts allocated to completed and partially completed units Inventory in process, September 1 balanced To complete inventory in process, September 1 Cost of completed September I work in process Started and completed in September Transferred to finished goods in September Inventory in process, September 10 (d) Total costs assigned by the Rolling Department 2. Provide the same information for October by recording the October transactions in the four process account Construct a cost of production report and present the October como a d) listed in part (1) an amount box does not require an entry leave Previous Ned ACCOUNT Work in Process Rolling Department ACCOUNT NO. Balance DATE ITEM POSTARE DEBIT CREDIT DEBIT CREDIT October 1 Balance October 31 Smelting Dept., 15,500 units at $7 October 31 Direct labor October 31 Factory overhead October 31 Finished goods October 31 Bal., 800 units, 40% completed > an amount is zero, enter in a zero 'o'. 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 Conversion Units Direct Materials (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 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 Conversion Total Costs Costs Direct Materials 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

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