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Question 6 Production costs chargeable to the Finishing Department in June in Hollins Company are materials $17,060, labor $22,783, overhead $19,000. Equivalent units of production
Question 6 Production costs chargeable to the Finishing Department in June in Hollins Company are materials $17,060, labor $22,783, overhead $19,000. Equivalent units of production are materials 20,310 and conversion costs 19,255 Production records indicate that 18,200 units were transferred out, and 2,110 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 costs to 2 decimal places, e.g. 2.25.) Cost Reconciliation Cost accounted for Transferred out Work in process Materials Conversion costs Total cost accounted for
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