Process Cost Journal Entries
The cost of materials transferred into the Rolling Department of Blackrock Steel Company is $ from the Casting Department. The
conversion cost for the period in the Rolling Department is $ $ factory overhead applied and $ direct labor The
total cost transferred to Finished Goods for the period was $ The Rolling Department had a beginning inventory of $
a Journalize the cost of transferredin materials. If an amount box does not require an entry, leave it blank.
a Journalize the conversion costs. If an amount box does not require an entry, leave it blank.
a Journalize the costs transferred out to Finished Goods. If an amount box does not require an entry, leave it blank.
b Determine the balance of Work in ProcessRolling at the end of the period.
$
