In july one of the processing departments at wrightsel, Ask an Expert

Accounting

In July, one of the processing departments at Wrightsel Corporation had beginning work in process inventory of $28,000 and ending work in process inventory of $18,000. During the month, $228,000 of costs were added to production and the cost of units transferred out from the department was $238,000.

Required:

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

Cost Reconciliation Costs to be accounted for: $

Total cost to be accounted for $

Costs accounted for as follows: $

Total cost accounted for $

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M91589863

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