Pittsburgh Aluminum Company uses a process cost system to record the costs of manufacturing rolled aluminum, which consists of the smelting and rolling processes. Materials are entered from smelting at 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., 1,200 units, 60% completed: Direct materials (1,200 x $3.6) $ 4,320 Conversion (1,200 x 60% x $1.5) 1,080 $ 5,400 From Smelting Department, 27,000 units $99,900 Direct labor 25,667 Factory overhead 13,821 During September, 1,200 units in process on September 1 were completed, and of the 27,000 units entering the department, all were completed except 3,500 units that were 20% completed. Charges to Work in Process-Rolling for October were as follows: From Smelting Department, 31,000 units $120,900 Direct labor 35,450 Factory overhead 19,086 During October, the units in process at the beginning of the month were completed, and of the 31,000 units entering the department, all were completed except 1,600 units that were 80% completed.

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Work in Process Account Data for Two Months; Cost of Production Reports
Pittsburgh Aluminum Company uses a process cost system to record the costs of manufacturing rolled aluminum, which consists of the smelting and rolling processes.
Materials are entered from smelting at 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., 1,200 units, 60% completed:
Direct materials (1,200 x $3.6)
$ 4,320
Conversion (1,200 x 60% x $1.5)
1,080
$ 5,400
From Smelting Department, 27,000 units
$99,900
Direct labor
25,667
Factory overhead
13,821
During September, 1,200 units in process on September 1 were completed, and of the 27,000 units entering the department, all were completed except 3,500 units that
were 20% completed. Charges to Work in Process-Rolling for October were as follows:
From Smelting Department, 31,000 units
$120,900
Direct labor
35,450
Factory overhead
19,086
During October, the units in process at the beginning of the month were completed, and of the 31,000 units entering the department, all were completed except 1,600
units that were 80% completed.
Transcribed Image Text:Work in Process Account Data for Two Months; Cost of Production Reports Pittsburgh Aluminum Company uses a process cost system to record the costs of manufacturing rolled aluminum, which consists of the smelting and rolling processes. Materials are entered from smelting at 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., 1,200 units, 60% completed: Direct materials (1,200 x $3.6) $ 4,320 Conversion (1,200 x 60% x $1.5) 1,080 $ 5,400 From Smelting Department, 27,000 units $99,900 Direct labor 25,667 Factory overhead 13,821 During September, 1,200 units in process on September 1 were completed, and of the 27,000 units entering the department, all were completed except 3,500 units that were 20% completed. Charges to Work in Process-Rolling for October were as follows: From Smelting Department, 31,000 units $120,900 Direct labor 35,450 Factory overhead 19,086 During October, the units in process at the beginning of the month were completed, and of the 31,000 units entering the department, all were completed except 1,600 units that were 80% completed.
Costs
Costs
Direct Materials
Conversion
Total Costs
Cost per equivalent unit:
Total costs for September in Rolling Department
Total equivalent units
Cost per equivalent unit (b)
2$
Costs assigned to production:
Inventory in process, September 1
Costs incurred in September
Total costs accounted for by the Rolling Department
2$
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
!!!
Transcribed Image Text: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) 2$ Costs assigned to production: Inventory in process, September 1 Costs incurred in September Total costs accounted for by the Rolling Department 2$ 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 !!!
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