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Which report is a proper cost reconciliation report for the weighted average method of process costing? Costs to be accounted for: Cost beginning work in
Which report is a proper cost reconciliation report for the weighted average method of process costing? | |||||||||
Costs to be accounted for: | |||||||||
Cost beginning work in process inventory | $ 10,000.00 | ||||||||
Cost added to complete beginning work in process inventory | $ 15,230.00 | ||||||||
Cost added for units started | $ 713,770.00 | ||||||||
Cost of ending work in process inventory | $ (10,140.00) | ||||||||
Costs of units transferred out | $ (728,860.00) | ||||||||
Total cost unaccounted for | $ - | ||||||||
Costs to be accounted for: | |||||||||
Cost of beginning work in process inventory | $ 10,000.00 | ||||||||
Cost added to complete beginning work in process inventory | $ 15,230.00 | ||||||||
Cost added for units started | $ 713,770.00 | ||||||||
Cost of ending work in process inventory | $ (9,361.00) | ||||||||
Cost of units started and completed | $ (704,409.00) | ||||||||
Cost of beginning inventory | $ (25,230.00) | ||||||||
Total cost unaccounted for | $ - | ||||||||
Costs to be accounted for: | $ 10,000.00 | ||||||||
Costs of beginning work in process inventory | $ 729,000.00 | ||||||||
Cost added to production durning the period | $ 739,000.00 | ||||||||
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