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Brief Exercise 16-09 Production costs chargeable to the Finishing Department in June in Crane Company are materials $17,052, labor $22,965, overhead $19,000. Equivalent units of
Brief Exercise 16-09 Production costs chargeable to the Finishing Department in June in Crane Company are materials $17,052, labor $22,965, overhead $19,000. Equivalent units of production are materials 20,300 and conversion costs 19,250. Production records indicate that 18,200 units were transferred out, and 2,100 units in ending work in process were 50% complete as to conversion costs and 100% complete as to materials. Prepare a cost reconciliation schedule. (Round unit costs to 2 decimal places, e.g. 2.25 and final answers to 0 decimal places, e.g. 125.) Cost Reconciliation Cost accounted for Transferred out $ Work in process Materials $ Conversion costs Total cost accounted for Click if you would like to Show Work for this question: Open Show Work
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