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The Cutting Department of Cullumber Company has the following production and cost data for July. Production Costs 1. Completed and transferred out 15,360 units. Beginning
The Cutting Department of Cullumber Company has the following production and cost data for July. Production Costs 1. Completed and transferred out 15,360 units. Beginning work in process $0 2. 3,840 units in ending working in process are 60% complete as to conversion costs and 100% Direct materials 76,800 complete as to materials at July 31. Direct labor 20,736 Manufacturing overhead 23,424 Your answer is incorrect. Compute unit costs. (Round unit costs to 2 decimal places, e.g. 2.25.) Materials Conversion costs SA $ +A 3840 2304 Prepare a cost reconciliation schedule. (Round unit costs to 2 decimal places, eg. 2.25 and final answers to O decimal places, e.g. 1.225) Cost Reconciliation Costs accounted for Completed and Transferred out Work in process, July 31 Materials 3840 15360 Conversion costs Total costs 2304 6144 21504
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