Production costs chargeable to the Finishing Department in June in Hollins Company are materials $16,800,...
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Production costs chargeable to the Finishing Department in June in Hollins Company are materials $16,800, labor $41.748, overhead $18.900. Equivalent units of production are materials 21.000 and conversion costs 19.950. Production records indicate that 18.900 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, es 2.25 and final answers to decimal places, es 125) Cost Reconciliation Cost accounted for Transferred out Work in process Materials Conversion costs Total cost accounted for
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