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i need a cost reconciliation report. step by step explanation plus answer thanks. Clover Sweet Inc, manufactures 5 product that goes through two departments prior
i need a cost reconciliation report.
step by step explanation plus answer thanks.
Clover Sweet Inc, manufactures 5 product that goes through two departments prior to completion. The information shown in the table below 3 avaliable about work in the first department, the Mbing Department, during June Partant completa Conversion 752 Work in proces, beginning Started into protien Completed and transfered ost Work in proces, iting Units 51. See 35.ee 395, 11,5ee 50 Material 47.ee $427.de Conversion $ 25, See $145,5ee was in proces, beginning ist during on Required: Assume that the company uses the weighted average method 1. Determine the equivalentunis for June for the first process Convertion 6.300 435 50D Equivalent units of production 2. Compute the cost per equivalent unit for June for the first process. (Round your answers to 3 decimal places.) Materials Condition 02297 OVO Cost acquivalentant 3. Determine the total cost of ending work in process inventor und the total cost of unit transferred to the next process in Dune. Round Intermediate calculations to 3 decimol places.) Materials Convertion 327365 16.15 10. 186,85 Total 79.494 567 615 Concionang work in process inventory Genom and transfered out 5 4. Pesereportat reconcies the 125 com: :19-20 to the ending work in proces, inventory see the resterres out with the sostenegrning nentory 970 cost redesings too. Thound Insemestete calculations te 3 decimal alaces.) Godt Raoonolliation COES Date LKStep by Step Solution
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