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help needed for the cost reconciliation schedule! In March, Wildhorse Company had the following unit production costs: materials $8 and conversion costs $ 6. On
help needed for the cost reconciliation schedule!
In March, Wildhorse Company had the following unit production costs: materials $8 and conversion costs $ 6. On March 1, it had no work in process. During March, Wildhorse completed and transferred out 26,000 units. As of March 31. 5.300 units that were 40% complete as to conversion costs and 100% complete as to materials were in ending work in process. (a) (b) Your answer is correct. Compute the equivalent units of production for materials and conversion costs. Materials Conversion costs 31300 28120 The equivalent units of production eTextbook and Media Attempts: unlimited Your answer is partially correct. Prepare a cost reconciliation schedule, including the costs of units completed and transferred out and the costs of units in work in process, for March 2022 Cost Reconciliation Schedule Costs accounted for Completed and transferred out 364000 Work in process, March 31 Materials $ Conversion costs Total costs $ Step by Step Solution
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