Cost of materials transferred into the rolling department

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The cost of materials transferred into the Rolling Department of Atlas Steel Company is $4,600,000 from the Casting Department. The conversion cost for the period in the Rolling Department is $1,100,000 ($600,000 factory overhead applied and $500,000 direct labor). The total cost transferred to Finished Goods for the period was $5,600,000. The Rolling Department had a beginning inventory of $246,000

Determine the balance of Work in Process – Rolling Department at the end of the period

Reference no: EM13754401

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Cost of materials transferred into the rolling department : The cost of materials transferred into the Rolling Department of Atlas Steel Company is $4,600,000 from the Casting Department. The conversion cost for the period in the Rolling Department is $1,100,000 ($600,000 factory overhead applied and $500,000..

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