08J. 1,2, 3, 4 PR 20-4A Work in process account data for two months; cost reports Hearty Soup Co. uses a process requires the cooking and filling processes. Materials are cess at the beginning of the filling process. The inve April 1 and debits to the account during April were as fo of production cost system to record the costs of processing soup, which entered from the cooking pro- re April, ntory of Work in Process-Filling on follows: Bal, 800 units, 30% completed: 5 3,440 420 3,860 Direct materials (800 x $4.30) Excel Conversion (800 x 30% x $1.75) From Cooking Department, 7,800 units Direct labor $34,320 8,562 6,387 Factory overhead 7,800 units During April, 800 units in process on April 1 were completed, and of the entering the department, all were completed except 550 units that were 90% completed. Charges to Work in Process-Filling for May were as follows: From Cooking Department, 9,600 units Direct labor Factory overhead $44,160 12,042 6,878 During May, the units in process at the beginning of the month were completed, and of the 9,600 units entering the department, all were completed except 300 units that were 35% completed. Instructions 1. Enter the balance as of April 1 in a four-column account for Work in Process-Filling Record the debits and credits in the account for April. Construct a cost of production report and present computations for determining (a) equivalent units of production for materials and conversion; (b) cost per equivalent unit; (c) cost of goods finished, differentiating between units started in the prior period and units started and finished in April; and (d) work in process inventory 2. Provide the same information for May by recording the May transactions in the four- column work in process account. Construct a cost of production report and present the May computations (a through d) listed in part (1). (Continued) rocess Cost Systems through May ugh 3. Comment on the change in costs per equivalent unit for March for direct materials and conversion costs