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The assembly department of Geraldine Furniture Company has the following production and manufacturing cost data for January 2020, the first month of operation: . Production:
The assembly department of Geraldine Furniture Company has the following production and manufacturing cost data for January 2020, the first month of operation: . Production: 19,000 units finished and transferred out; 7 000 units started that are 100% complete for materials and 55 complete conversion costs 2. Manufacturing costs: materials $70,200; labour $41,740; overhead $54,230. Calculate the unit costs. (Round unit costs to 2 decimal places, e.g. 15.25.) Unit cost Materials Conversion Total Prepare a cost reconciliation schedule. Cost Reconciliation Schedule Costs accounted for: Transferred out Work in process, Jan. 31: Materials Conversion cost Total cost
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