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Mathematics, 16.02.2021 01:00 primmprincess312
Production costs chargeable to the Finishing Department in June in Hollins Company are materials $12,566, labor $43,187, overhead $18,200. Equivalent units of production are materials 20,600 and conversion costs 19,550. Production records indicate that 18,500 units were transferred out, and 2,100 units in ending work in process were 50% complete as to conversion costs and 100% complete as to materials.
Prepare a cost reconciliation schedule. (Round unit costs to 2 decimal places, e. g. 2.25 and final answers to 0 decimal places, e. g. 125.)
Cost Reconciliation
Cost accounted for Transferred out $
Work in process- Materials $
Conversion costs $
Total cost accounted for $
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Production costs chargeable to the Finishing Department in June in Hollins Company are materials $12...
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