How to prepare a cost reconciliation schedule

Reference no: EM13205752

Production costs chargeable to the finishing department in June for the Cascio company: Materials: $16,000, labor: $29,500, overhead: $18,000, equivalent units of production/materials: $20,000, conversion costs: $19,000

Production records indicate that $18,000 units were transferred out and $2,000 unitis in ending work in process were 50% complete as to conversion costs and 100% complete as to materials.

PREPARE A COST RECONCILIATION SCHEDULE

Reference no: EM13205752

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How to prepare a cost reconciliation schedule : Production costs chargeable to the finishing department in June for the Cascio company: Materials: $16,000, labor: $29,500, overhead: $18,000, equivalent units of production/materials: $20,000, conversion costs: $19,000

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