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The Great American Cookie Company produces a variety of cookies and uses a process costing system The company uses the weighted-average method and one of
The Great American Cookie Company produces a variety of cookies and uses a process costing system The company uses the weighted-average method and one of its processing departments is the Mixing Department. For the month of July, the cost of beginning work in process inventory was $4,840, the cost of ending work in process inventory was $1,130, and the cost added to production was $25,750. Required: Prepare a cost reconciliation report for the Mixing Department for July Mixing Department Cost Reconciliation Costs to be accounted for: Total cost to be accounted for Costs accounted for as follows Total cost accounted for Check r The Great American Cookie Company produces a variety of cookies and uses a process costing system. The company uses the weighted-average method and one of its processing departments is the Mixing Department. For the month of July, the cost of beginning work in process inventory was $4,840, the cost of ending work in process Inventory was $1,130, and the cost added to production was $25,750. Required: Prepare a cost reconciliation report for the Mixing Department for July. Mixing Department Cost Reconciliation Costs to be accounted for: Cost of beginning work in process inventory Cost of ending work in process inventory Cost of units completed and transferred out Costs added to production during the period
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