Bestseller Book's binding department has beginning inventory of $5,000$ units and $$20,000,$

consisting of $$10,000$ of direct materials and $$10,000$ of conversion costs.

During the period, the department completed $88,000$ units and had ending inventory of

$15,000$ units. Ending Inventory is $20\%$ complete with respect to Direct Materials and $65\%$

complete with respect to conversion.

During the period, the department added direct materials costing $$172,000$ and conversion

costs of $$283,250.$

Assign and reconcile the costs for the period.

Assign and reconcile costs

Reconcile to Known Costs