0.4 points Skipped eBook Hint Print References m Exercise 4A-4 (Algo) Cost Reconciliation Report-FIFO Method [LO4-9] Schroeder Baking Corporation uses a process costing system in its largescale baking operations. The Mixing Department is one of the company's processing departments. In the Mixing Department in July, the cost of beginning work in process inventory was $4,200, the cost of ending work in process inventory was $3,890, and the cost added to production was $46,400. Required: Prepare a cost reconciliation report for the Mixing Department for July. Costs to be accounted for: Total cost to be accounted for Costs accounted for as follows: Total cost accounted for CH 02 - EXCEL ANALYTICS 23 a 1 Part1of4 2.5 points eBook an Refe ren ces Required information Saved Excel Analytics 02-03 (Static) Job-Order Costing and Regression Analysis [L02-1, LO2-2] [The following information applies to the questions displayed below. ] Landis Company uses ajob-order costing system with a predetermined plantwide overhead rate based on direct labor- hours. In an effort to improve its ability to measure job profitability and make decisions, the company is considering allocating some of its overhead costs, such as electrical costs, based on machinehours instead of direct laborhours. To further explore the potential benefits of this approach, the company has gathered the following eight weeks of actual (not estimated) data with respect to its electrical costs: Week Week Week Week Week Week Week Week Total mQOIMihUNll Machine-Hours 7,700 3,900 8,600 8,100 7,600 7,100 5,500 6,800 60,300 Direct Labor- Electrical Hours COStS 8,910 $ 76,200 8,920 83,800 8,870 81,000 8,840 80,800 8,990 79,400 8,940 70,700 8,870 61,500 8,910 73,900 71,250 $607,300 Using the data above, the company translated these actual amounts into annual estimates as follows: Total for eight weeks (a) 52 weeks + 8 weeks (b) Annual estimate (a) X (b) Direct Labor- Electrical Machine-Hours Hours Costs 60,300 71,250 $ 607,300 6.5 6.5 6.5 391,950 463,125 $3,947,450 Hem Save & Exit Submit w