Question

Check my work 4 Maria Am Corporation uses the weighted average method in its process costing system. The Baking Department is one of the processing departments in its strudel manufacturing facility. In June in the Baking Department, the cost of beginning work in process inventory was $4,860, the cost of ending work in process inventory was $1,110, and the cost added to production was $25,700. 20 points 8 01:34:09 Required: Prepare a cost reconciliation report for the Baking Department for June. eBook Baking Department Cost Reconciliation Costs to be accounted for: Hint Print References Total cost to be accounted for Costs accounted for as follows: Total cost accounted for

Answer 1

Cost reconciliation

Costs to be accounted for :
Cost of beginning work in process inventory	4,860
Cost added to production during the period	25,700
Total Cost to be accounted for	30,560
Costs accounted for as follows :
Cost of ending work in process inventory	1,110
Cost of units completed and transferred out (balancing figure)	29,450
Total Cost accounted for	30,560