Production costs chargeable to the Finishing Department in June in Sheffield Company are materials $12,688, labor $36,742, overhead $19,600. Equivalent units of production are materials20,800and conversion costs19,700. Production records indicate that18,600units were transferred out, and2,200units in ending work in process were 50% complete as to conversion costs and 100% complete as to materials.

Prepare a cost reconciliation schedule.(Round unit costs to 2 decimal places, e.g. 2.25 and final answers to 0 decimal places, e.g. 125.)

Cost Reconciliation

Cost accounted for

Transferred out $

Work in process

Materials $

Conversion costs

Total cost accounted for