The costs of energy consumed in producing good units in the Baking Department of Pan Company were $28,128 and $32,550 for June and July, respectively. The number of equivalent units produced in June...

Extracted text: The costs of energy consumed in producing good units in the Baking Department of Pan Company were $28,128 and $32,550 for June and July, respectively. The number of equivalent units produced in June and July was 58,600 pounds, and 65,100 pounds, respectively. Evaluate the change in the cost of energy between the two months. Round all answers to the nearest whole cent. Energy cost per pound, June $ Energy cost per pound, July $ The cost of energy has appeared by $ per pound between June and July.


Extracted text: Process Cost Journal Entries The cost of materials transferred into the Rolling Department of Keystone Steel Company is $554,900 from the Casting Department. The conversion cost for the period in the Rolling Department is $102,600 ($62,100 factory overhead applied and $40,500 direct labor). The total cost transferred to Finished Goods for the period was $682,600. The Rolling Department had a beginning inventory of $27,300. a1. Journalize the cost of transferred-in materials. a2. Journalize the conversion costs. If an amount box does not require an entry, leave it blank. a3. Journalize the costs transferred out to Finished Goods. b. Determine the balance of Work in Process-Rolling at the end of the period.