Question
production costs chargeable to the finishing department in june in hollins company are materials $16,524, labor $21,602, overhead $19,700. equivalent units of production are materials
production costs chargeable to the finishing department in june in hollins company are materials $16,524, labor $21,602, overhead $19,700. equivalent units of production are materials 20,400 and conversion costs 19,300. production records indicate that 18,200 units were transferred out, and 2,200 units in ending work in process were 50% complete as to conversion cost and 100% complete as to materials.
Prepare a cost reconciliation schedule (round unit cost to 2 decimal places, e.g. 2.25 and final answer to 0 decimal places, e.g. 125)
Cost Reconciliation
Cost accounted for
Transferred out $________
Work in process
Materials $________
Conversion costs ________ _________
Total cost accounted for $______-__
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