Construct a cost reconciliation report for the department

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In July, one of the processing departments at Junkin Corporation had beginning work in process inventory of $20,000 and ending work in process inventory of $22,000. During the month, $196,000 of costs were added to production and the cost of units transferred out from the department was $194,000.

Required:

Problem 1: Construct a cost reconciliation report for the department for the month of July.

Reference no: EM132634426

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