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eBook Show Me How Calculator Process Cost Journal Entries The cost of materials transferred into the Rolling Department of Keystone Steel Company is $561,600 from the Casting Department. The conversion cost for the period in the Rolling Department is $112,400 ($62,800 factory overhead applied and $49,600 direct labor). The total cost transferred to Finished Goods for the period was $665,200. The Rolling Department had a beginning inventory of $27,900. al. Journalize the cost of transferred in materials. a2. 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 b. Determine the balance of Work in Process Rolling at the end of the period Owy Work 2 Cheat My Wor culator Cost of Units Transferred Out and Ending Work In Process The costs per equivalent unit of direct materials and conversion in the Filling Department of Eve Cosmetics Company are $0.50 and $2.40, respectively. The equivalent units to be assigned costs are as follows: Equivalent Units Direct Materials Conversion Inventory in process, beginning of period 0 2,600 Started and completed during the period 51,000 51,000 Transferred out of Filling (completed) 51,000 53,600 Inventory in process, end of period 6,000 3,600 Total units to be assigned costs 57,000 57,200 The beginning work in process inventory had a cost of $1,850. Determine the cost of completed and transferred-out production and the ending work in process inventory. If required, round to the nearest dollar Completed and transferred-out production Inventory in process, ending Web Che Wor DOWN Equivalent Units of Conversion Costs The Filling Department of Eve Cosmetics Company had 4, 600 ounces in beginning work in process inventory (80% complete). During the period, 50,900 ounces were completed. The ending work in process inventory was 4,100 ounces (30% complete). What are the total equivalent units for conversion costs? If required, round to the nearest unit. units My Work more Che World

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