UNITS HEARTY SOUP CO. Cost of Production Report-Filling Department For the Month Ended May 31 Units charged to production: Inventory in process, May 1 Received from Cooking Department Total units accounted for by the Filling Department Units to be assigned costs: Inventory in process, May 1 (90% completed) Started and completed in May Transferred to finished goods in May Inventory in process, May 31 (35% completed) Total units to be assigned costs Whole Units 600 9,700 10,300 600 9,300 9,900 400 10,300 Equivalent Units Direct Materials 0 9,300 9,300 400 9,700 Conversion 390 X 9,300 9,690 X 360 X 10,050 X 1 2 3 4 5 6 7 8 9 10 11 12 1(a). Enter the balance as of April 1, in a four-column account for Work in Process-Filling. Record the debits and the credits in the account for April. 2(a). Provide the same information for May by recording the May transactions in the four-column work in process account. Date Apr. 1 30 30 30 30 30 May 31 31 31 31 31 Balance Cooking Department Direct labor Factory overhead Finished goods Balance Cooking Department Direct labor Factory overhead Finished goods Balance Item Work in Process-Filling Debit 32,250.00 8,542.00 2,854.00 Credit 45,035.00 Balance Dr. 4,725.00 36,975.00 45,517.00 48,371.00 3,336.00 Score: 55/95 Balance Cr. COSTS Costs per equivalent unit: Total costs for May in Filling Department Total equivalent units Cost per equivalent unit Costs assigned to production: Inventory in process, May 1 Costs incurred in May Total costs accounted for by the Filling Department Costs allocated to completed and partially completed units: Inventory in process, May 1 balance To complete inventory in process, May 1 Cost of completed May 1 work in process Started and completed in May Transferred to finished goods in May Inventory in process, May 31 Total costs assigned by the Filling Department Direct Materials $43,650 9,700 + $4.50 $0 41,850 1,800 Costs Conversion $15,200 -10,050 X $1.51 X $590 X 14,066 X 544 X $ Total $63,575 X 58,850 $63,575 X $4,725 X 590 X $5,315 X $61,231 X Hearty Soup Co. uses a process cost system to record the costs of processing soup, which requires the cooking and filling processes. Materials are entered from the cooking process at the beginning of the filling process. The inventory of Work in Process-Filling on April 1 and debits to the account during April were as follows: Bal., 1,000 units, 30% completed: Direct materials (1,000 x $4.20) Conversion (1,000 x 30% $1.75) 525 $4,725 From Cooking Department, 7,500 units $32,250 Direct labor 8,542 Factory overhead $4,200 During April, 1,000 units in process on April 1 were completed, and of the 7,500 units entering the department, all were completed except 600 units that were 90% completed. 2,854 Charges to Work in Process-Filling for May were as follows: Direct labor From Cooking Department, 9,700 units $43,650 Factory overhead 12,046 3,154 During May, the units in process at the beginning of the month were completed, and of the 9,700 units entering the department, all were completed except 400 units that were 35% completed. UNITS HEARTY SOUP CO. Cost of Production Report-Filling Department For the Month Ended May 31 Units charged to production: Inventory in process, May 1 Received from Cooking Department Total units accounted for by the Filling Department Units to be assigned costs: Inventory in process, May 1 (90% completed) Started and completed in May Transferred to finished goods in May Inventory in process, May 31 (35% completed) Total units to be assigned costs Whole Units 600 9,700 10,300 600 9,300 9,900 400 10,300 Equivalent Units Direct Materials 0 9,300 9,300 400 9,700 Conversion 390 X 9,300 9,690 X 360 X 10,050 X 1 2 3 4 5 6 7 8 9 10 11 12 1(a). Enter the balance as of April 1, in a four-column account for Work in Process-Filling. Record the debits and the credits in the account for April. 2(a). Provide the same information for May by recording the May transactions in the four-column work in process account. Date Apr. 1 30 30 30 30 30 May 31 31 31 31 31 Balance Cooking Department Direct labor Factory overhead Finished goods Balance Cooking Department Direct labor Factory overhead Finished goods Balance Item Work in Process-Filling Debit 32,250.00 8,542.00 2,854.00 Credit 45,035.00 Balance Dr. 4,725.00 36,975.00 45,517.00 48,371.00 3,336.00 Score: 55/95 Balance Cr. COSTS Costs per equivalent unit: Total costs for May in Filling Department Total equivalent units Cost per equivalent unit Costs assigned to production: Inventory in process, May 1 Costs incurred in May Total costs accounted for by the Filling Department Costs allocated to completed and partially completed units: Inventory in process, May 1 balance To complete inventory in process, May 1 Cost of completed May 1 work in process Started and completed in May Transferred to finished goods in May Inventory in process, May 31 Total costs assigned by the Filling Department Direct Materials $43,650 9,700 + $4.50 $0 41,850 1,800 Costs Conversion $15,200 -10,050 X $1.51 X $590 X 14,066 X 544 X $ Total $63,575 X 58,850 $63,575 X $4,725 X 590 X $5,315 X $61,231 X Hearty Soup Co. uses a process cost system to record the costs of processing soup, which requires the cooking and filling processes. Materials are entered from the cooking process at the beginning of the filling process. The inventory of Work in Process-Filling on April 1 and debits to the account during April were as follows: Bal., 1,000 units, 30% completed: Direct materials (1,000 x $4.20) Conversion (1,000 x 30% $1.75) 525 $4,725 From Cooking Department, 7,500 units $32,250 Direct labor 8,542 Factory overhead $4,200 During April, 1,000 units in process on April 1 were completed, and of the 7,500 units entering the department, all were completed except 600 units that were 90% completed. 2,854 Charges to Work in Process-Filling for May were as follows: Direct labor From Cooking Department, 9,700 units $43,650 Factory overhead 12,046 3,154 During May, the units in process at the beginning of the month were completed, and of the 9,700 units entering the department, all were completed except 400 units that were 35% completed.