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Brief Exercise 16-9 Production costs chargeable to the Finishing Department in June in Hollins Company are materials $16,516, labor $21,591, overhead $19,700. Equivalent units of
Brief Exercise 16-9 Production costs chargeable to the Finishing Department in June in Hollins Company are materials $16,516, labor $21,591, overhead $19,700. Equivalent units of production are materials 20,390 and conversion costs 19,295. Production records indicate that 18,200 units were transferred out, and 2,190 units in ending work in process were 50% complete as to conversion cost 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 O decimal places, e.g. 5,125.) 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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