Production costs chargeable to the Finishing Department in June in Hollins Company are materials $17,595,...
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Production costs chargeable to the Finishing Department in June in Hollins Company are materials $17,595, labor $43,773, overhead $19,500. Equivalent units of production are materials 20,700 and conversion costs 19,650. Production records indicate that 18,600 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.
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