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., 1,000 units, 40% completed:     Direct materials (1,000 x $6.20) $ 6,200   Conversion (1,000 x 40% x $2.60) 1,040   $ 7,240 From Smelting Department, 22,800 units $143,640 Direct labor 38,329 Factory overhead 20,639 During September, 1,000 units in process on September 1 were completed, and of the 22,800 units entering the department, all were completed except 2,400 units that were 70% completed. Charges to Work in Process—Rolling for October were as follows: From Smelting Department, 26,200 units $170,300 Direct labor 48,760 Factory overhead 26,252 During October, the units in process at the beginning of the month were completed, and of the 26,200 units entering the department, all were completed except 1,300 units that were 90% 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., 1,000 units, 40% completed:  
  Direct materials (1,000 x $6.20) $ 6,200
  Conversion (1,000 x 40% x $2.60) 1,040
  $ 7,240
From Smelting Department, 22,800 units $143,640
Direct labor 38,329
Factory overhead 20,639

During September, 1,000 units in process on September 1 were completed, and of the 22,800 units entering the department, all were completed except 2,400 units that were 70% completed. Charges to Work in Process—Rolling for October were as follows:

From Smelting Department, 26,200 units $170,300
Direct labor 48,760
Factory overhead 26,252

During October, the units in process at the beginning of the month were completed, and of the 26,200 units entering the department, all were completed except 1,300 units that were 90% completed.

The image shows a table used for calculating production costs in the Rolling Department for September. The table is divided into three main columns labeled "Direct Materials," "Conversion," and "Total Costs." Below is a transcription of the table:

### Costs

#### Cost per equivalent unit:
- **Total costs for September in Rolling Department**  
  (Direct Materials): Enter value  
  (Conversion): Enter value  
  **Total Costs**: $1,000

- **Total equivalent units**  
  (Direct Materials): Enter value  
  (Conversion): Enter value
  
- **Cost per equivalent unit (b)**  
  (Direct Materials): Enter value  
  (Conversion): Enter value

#### Costs assigned to production:

- **Inventory in process, September 1**  
  (Direct Materials): Enter value  
  (Conversion): Enter value  
  (Total Costs): Enter value

- **Costs incurred in September**  
  (Direct Materials): Enter value  
  (Conversion): Enter value  
  (Total Costs): Enter value
  
- **Total costs accounted for by the Rolling Department**  
  (Direct Materials): Enter value  
  (Conversion): Enter value  
  (Total Costs): Sum of the above

#### Costs allocated to completed and partially completed units:

- **Inventory in process, September 1 balance (c)**  
  (Direct Materials): Enter value  
  (Conversion): Enter value  
  (Total Costs): Enter value

- **To complete inventory in process, September 1 (c)**  
  (Direct Materials): Enter value  
  (Conversion): Enter value  
  (Total Costs): Enter value

- **Cost of completed September 1 work in process**  
  (Direct Materials): Enter value  
  (Conversion): Enter value  
  (Total Costs): Enter value

- **Started and completed in September (c)**  
  (Direct Materials): Enter value  
  (Conversion): Enter value  
  (Total Costs): Enter value

- **Transferred to finished goods in September (c)**  
  (Direct Materials): Enter value  
  (Conversion): Enter value  
  (Total Costs): Enter value

- **Inventory in process, September 30 (d)**  
  (Direct Materials): Enter value  
  (Conversion): Enter value  
  (Total Costs): Enter value

- **Total costs assigned by the Rolling Department**  
  (Direct Materials): Enter value  
  (Conversion): Enter value
Transcribed Image Text:The image shows a table used for calculating production costs in the Rolling Department for September. The table is divided into three main columns labeled "Direct Materials," "Conversion," and "Total Costs." Below is a transcription of the table: ### Costs #### Cost per equivalent unit: - **Total costs for September in Rolling Department** (Direct Materials): Enter value (Conversion): Enter value **Total Costs**: $1,000 - **Total equivalent units** (Direct Materials): Enter value (Conversion): Enter value - **Cost per equivalent unit (b)** (Direct Materials): Enter value (Conversion): Enter value #### Costs assigned to production: - **Inventory in process, September 1** (Direct Materials): Enter value (Conversion): Enter value (Total Costs): Enter value - **Costs incurred in September** (Direct Materials): Enter value (Conversion): Enter value (Total Costs): Enter value - **Total costs accounted for by the Rolling Department** (Direct Materials): Enter value (Conversion): Enter value (Total Costs): Sum of the above #### Costs allocated to completed and partially completed units: - **Inventory in process, September 1 balance (c)** (Direct Materials): Enter value (Conversion): Enter value (Total Costs): Enter value - **To complete inventory in process, September 1 (c)** (Direct Materials): Enter value (Conversion): Enter value (Total Costs): Enter value - **Cost of completed September 1 work in process** (Direct Materials): Enter value (Conversion): Enter value (Total Costs): Enter value - **Started and completed in September (c)** (Direct Materials): Enter value (Conversion): Enter value (Total Costs): Enter value - **Transferred to finished goods in September (c)** (Direct Materials): Enter value (Conversion): Enter value (Total Costs): Enter value - **Inventory in process, September 30 (d)** (Direct Materials): Enter value (Conversion): Enter value (Total Costs): Enter value - **Total costs assigned by the Rolling Department** (Direct Materials): Enter value (Conversion): Enter value
The image displays an educational exercise related to accounting for a manufacturing process. It includes a Work in Process account for the Rolling Department and part of a Cost of Production Report for Pittsburgh Aluminum Company.

**1. Work in Process - Rolling Department**

- **Date**: Includes entries for October 1 and October 31.
- **Items and Transactions**:
  - **October 1**: Balance (no values shown)
  - **October 31**:
    - Smelting Dept., 26,200 units at $6.5
    - Direct labor
    - Factory overhead
    - Finished goods
    - Balance for 1,300 units, 90% completed
- **Columns**: "Post. Ref." (blank), "Debit," "Credit," "Debit," and "Credit" (all boxes are blank).
- **Instructions**: If an amount is zero, enter "0." Round cost per unit answers to the nearest cent.

**2. Pittsburgh Aluminum Company - Cost of Production Report**

- **Department**: Rolling Department
- **Period**: For the Month Ended October 31
- **Columns**: "Whole Units" and "Equivalent Units" (no specific data provided in the visible portion).

This setup indicates a focus on tracking and analyzing manufacturing costs, specifically in the Rolling Department, by categorizing expenses such as smelting, direct labor, and factory overhead. It prepares students to understand how costs are assigned and managed in a production environment.
Transcribed Image Text:The image displays an educational exercise related to accounting for a manufacturing process. It includes a Work in Process account for the Rolling Department and part of a Cost of Production Report for Pittsburgh Aluminum Company. **1. Work in Process - Rolling Department** - **Date**: Includes entries for October 1 and October 31. - **Items and Transactions**: - **October 1**: Balance (no values shown) - **October 31**: - Smelting Dept., 26,200 units at $6.5 - Direct labor - Factory overhead - Finished goods - Balance for 1,300 units, 90% completed - **Columns**: "Post. Ref." (blank), "Debit," "Credit," "Debit," and "Credit" (all boxes are blank). - **Instructions**: If an amount is zero, enter "0." Round cost per unit answers to the nearest cent. **2. Pittsburgh Aluminum Company - Cost of Production Report** - **Department**: Rolling Department - **Period**: For the Month Ended October 31 - **Columns**: "Whole Units" and "Equivalent Units" (no specific data provided in the visible portion). This setup indicates a focus on tracking and analyzing manufacturing costs, specifically in the Rolling Department, by categorizing expenses such as smelting, direct labor, and factory overhead. It prepares students to understand how costs are assigned and managed in a production environment.
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