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The Cutting Department of Wildhorse Company has the following production and cost data for July. Production Costs 1. Completed and transferred out 14,640 units. Beginning
The Cutting Department of Wildhorse Company has the following production and cost data for July. Production Costs 1. Completed and transferred out 14,640 units. Beginning work in process $0 2. 3,660 units in ending working in process are 60% Direct materials 73,200 complete as to conversion costs and 100% complete as to materials at July 31. Direct labor 19,764 Manufacturing overhead 22,326 Materials are entered at the beginning of the process. Conversion costs are incurred uniformly throughout the process. Determine the equivalent units of production for (1) materials and (2) conversion costs. Total equivalent units of production Materials Conversion Costs Compute unit costs. (Bound yalboasts to 2.de-imal places, cr.2.201 Materials Conversion costs $ $ eTextbook and Media Prepare a cost reconciliation schedule. (Road unit costs to 2 decimal places, ag. 2.25 and final anus to O decimal placcy or $2251 Cost Reconciliation Costs accounted for Completed and Transferred out Work in process, July 31 Materials Conversion costs Total costs
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