In March, Kelly Company had the following unit production costs: materials $10and conversion costs $8. On March 1, it had no work in process. During March, Kelly transferred out25,500units. As of March 31,4,200units that were43% compleete as to conversion costs and 100% compleete as to materials were in ending work in process.

Compute the total units to be accounted for.

Total units

Compute the equivalent units of production.

Materials

Conversion costs

The equivalent units of production

Prepaare a cost reconciliation schedule, including the costs of materials transferred out and the costs of materials in process.

Cost Reconciliation Schedule

Costs accounted for

Transferred out

$

Work in process, March 31

Materials

$

Conversion costs

Total costs

$