Question: Please explain and post so that half the answer isnt cut off! thank you! Process Cost Journal Entries The cost of materiais transferred into the
Process Cost Journal Entries The cost of materiais transferred into the Rolling Department of Blackrock Steel Company is $500,700 from the casting Department. The conversion cost for the period in the Rolling Department is $110,800 ($63,300 factory overhead applied and $42,500 direct labor). The total cost transferred to Finished Goods for the penod was $620,400. The Rolling Department had a beginning inventory of $25,600 al. Joumalize the cost of transferred in materials. If an amount box does not require an entry, leave it blank 8 a2. Journalize the conversion costs. If an amount box does not require an entry, leave it blank a3. Joumalize the cost transferred out to Finished Goods, If an amount box does not require an entry leave it blank b. Determine the balance of work in Process Rolling at the end of the period
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