please fill in cost and cost reconciliation schedule

assessmen educ y.co assessme.. 1 Chapter 3 - Homework Assignment 2 BA Pre bib 4a (10 Question 2 of 3 27.2/38 III ompa View Policies Show Attempt History Current Attempt in Progress ests charged Thakin Industries Inc. manufactures dorm furniture in separate processes. In each process, materials are entered at the beginning, and conversion costs are incurred uniformly. Production and cost data for the first process in making a product are as follows. 000 Production Data-July Work in process units, July 1 Units started into production Work in process units, July 31 Work in process percent complete Cutting Department T12-Tables 0 21,600 3,240 60 150 127 1.589 225 337 % complete as pmplete as to for the Assem Od 000 Cost Data-July Work in process, July 1 Materials Labor Overhead Total $0 410,400 253.152 112.320 $775,872 (a 1) estion 2 of 3 27.2 / 38 Prepare the production cost report for July 2020. THAKIN INDUSTRIES INC. Cutting Department-Plant 1 Production Cost Report For the Month Ended July 31, 2020 Equivalent Units Conversion Materials Costs Physical Units Quantities Units to be accounted for Work in process, July 1 Started into production 21600 Total units 21600 18360 18360 18360 Units accounted for Transferred out Work in process, July 31 3240 3240 1944 20304 21600 21600 Total units MacBoo 8 7 0 3 4 5 6 R. . U Y K K F H G 21600 21600 Total units Materials Costs Unit costs Total Costs 775872 Equivalent units 775872 Unit costs Costs to be accounted for Work in process, July 1 Started into production Total costs Cost Reconciliation Schedule Costs accounted for # 3 $ 4 % 5 2 6 W E R