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Question 12 7 pts Below is a picture of a partial Production Cost Report. Answer these two questions from the data provided. What is
Question 12 7 pts Below is a picture of a partial Production Cost Report. Answer these two questions from the data provided. What is the total cost assigned to units transferred out? What is the total cost assigned to ending WIP for both materials and conversion costs? Your answer should be in whole numbers with a comma separating the hundreds and thousands, and include a dollar sign. For example, 123456 should be entered as $123,456 Baker Company Production Cost Report Month ending June 30, 2021 Costs Unit Costs Costs in June Equivalent Units Unit Costs Cost Reconciliation Units Costs accounted for: Transferred out 13,000 WIP, June 30 Materials 1,000 Conversion Costs 2,000 Materials Conversion Costs $ 14,000 7,000 $ 8,000 32,000 Total Costs Assigned to Units Transferred Out Total Costs Assigned to WIP
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