Pharoah Mortgage Company uses a process costing system to accumulate costs in its loan application department. When an application is completed, it is forwarded to the loan department for final processing. The following

processing and cost data pertain to September:

Materials are the forms used in the application process, and these costs are incurred at the beginning of the process. Conversion costs are incurred uniformly during the process. Cost Reconciliation Schedule

Costs to be accounted for

Work in process inventory, September $1$

Started into production

Total costs to be accounted for

Costs accounted for

Completed and transferred out

Work in process inventory, September $30$

Materials

Conversion costs

Total costs accounted for

$