In March, Wildhorse Manufacturing had the following unit production costs: materials $11 and conversion costs $7. On March 1, it had zero work in process inventory. During March, Wildhorse completed and transferred out 24,800 units. As at March 31, 2,300 units that were 55% complete as to conversion costs and 100% complete as to materials were in ending work in process inventory.

Prepare a cost reconciliation schedule, including the costs of units completed and transferred outand the costs of units in work in process inventory for March.

WILDHORSEMANUFACTURING (Partial) Production Cost Report choose the accounting period For the Year Ended March 31March 31For the Month Ended March 31
COSTS		Direct Materials		Conversion Costs		Total
Unit costs
Costs in March		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount
Equivalent units		enter a number of units		enter a number of units
Unit costs		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount
Costs to be accounted for
In process, March 1						$enter a dollar amount
Costs in March						enter a dollar amount
Total costs to be accounted for:						$enter a total amount
Costs accounted for
Completed and transferred out
In process, March 1						$enter a dollar amount
Started and completed						enter a dollar amount
In process, March 31
Direct Materials				$enter a dollar amount
Conversion costs				enter a dollar amount		enter a subtotal of the two previous amounts
Total costs accounted for:						$enter a total amount