An asterisk (*) will appear to the right of an incorrect entry. The essay answer will not be graded.
Enter a zero in cells you would otherwise leave blank.
1. and 2.
Date Item
Debit Credit Debit Credit
Sept. 1 Bal., 2,600 units, 1/4 completed
30 Smelting Dept., 28,900 units, $16.00/unit
30 Direct labor
30 Factory overhead
30 Finished goods
Sept. 30 Bal., 2,900 units, 4/5 completed
Oct. 31 Smelting Dept., 31,000 units, $16.50/unit
31 Direct labor
31 Factory overhead
31 Finished goods
Oct. 31 Bal., 2,000 units, 2/5 completed
1.
UNITS
Whole Units Direct Materials Conversion
Units charged to production:
Inventory in process, Sept. 1
Received from Smelting Department
Total units accounted for by the Rolling Department
Units to be assigned cost:
Inventory in process, September 1 ( complete )
Started and completed in Sept.
Transferred to finished goods in September
Inventory in process, September 30 ( complete )
Total units to be assigned cost
COSTS
Direct Materials Conversion Total
Costs 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 (c)
To complete inventory in process, September 1 (c)
Cost of completed Sept. 1 work in process
Item
PITTSBURGH ALUMINUM COMPANY
Cost of Production Report – Rolling Department
For the Month Ended September 30, 2014
Work in Process – Rolling Department
Balance
Equivalent Units (a)
Costs
Problem 18(3)-4B
Name:
Section:
Cells with non-gray backgrounds are protected and cannot be edited.
0%
[Key code here]
Answers are entered in the cells with gray backgrounds.
Score:
Key Code:
Instructions
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.
UNITS
Whole Units Direct Materials Conversion
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 cost:
Inventory in process, October 1 ( complete )
Started and completed in October
Transferred to finished goods in October
Inventory in process, October 31 ( complete )
Total units to be assigned cost
COSTS
Direct Materials Conversion Total
Costs 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 (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.
[Key essay answer here]
PITTSBURGH ALUMINUM COMPANY
Cost of Production Report – Rolling Department
For the Month Ended October 31, 2014
Equivalent Units (a)
Costs
An asterisk (*) will appear to the right of an incorrect entry. The essay answer will not be graded.
Enter a zero in cells you would otherwise leave blank.
1. and 2.
Date Item
Debit Credit Debit Credit
Sept. 1 Bal., 2,600 units, 1/4 completed 45,825 –
1.
UNITS
Whole Units Direct Materials Conversion
Units charged to production:
Inventory in process, Sept. 1 2,600
Equivalent Units (a)
ON
Balance
Work in Process – Rolling Department
PITTSBURGH ALUMINUM COMPANY
Cost of Production Report – Rolling Department
For the Month Ended September 30, 2014
Item
Problem 18(3)-4B
Name:
Solution
Section:
Score:
Instructions
Cells with non-gray backgrounds are protected and cannot be edited.
Answers are entered in the cells with gray backgrounds.
2.
UNITS
Whole Units Direct Materials Conversion
Units charged to production:
Inventory in process, October 1 2,900
COSTS
Costs assigned to production:
Costs allocated to completed and partially completed units:
Direct Materials Conversion Total
Costs per equivalent unit:
Total costs for October in Rolling Department 511,500$ 267,344$
Costs
PITTSBURGH ALUMINUM COMPANY
Cost of Production Report – Rolling Department
For the Month Ended October 31, 2014
Equivalent Units (a)