hapter 16 6.67 / 20 ITE Question 2 of 4 View Policies Show Attempt History Current Attempt in Progress The Cutting Department of Cassel Company has the following production and cost data for July Costs SO 1. Beginning work in process Materials 45 000 2 Production Transferred out 12.000 units. Started 3.000 units that are 60% complete as to conversion costs and 100% complete as to materials at July 31 Labor 16.200 Manufacturing overhead 18.300 Materials are entered at the beginning of the process Conversion costs are incurred uniforwly during the process. (a) Your answer is incorrect. a Prepare a cost reconciliation schedule. (Round unit costs to 2 decimal places, ex 225 and final answers to decimal places, es 1.225) Cost Reconciliation Costs accounted for Transferred out Work in process, July 31 Materials Conversion costs $ Total costs e Textbook and Media Attempts: 1 of 3 used Submit Answer Save for Later