Business, 12.08.2020 05:01 coltonwsmith

The Cutting Department of Cassel Company has the following production and cost data for July. Production Costs
1. Transferred out 12,600 units. Beginning work in process $0
2. Started 3,400 units that are 60% Materials 67,200
complete as to conversion Labor 15,468
costs and 100% complete as Manufacturing overhead 20,400
to materials at July 31.
Materials are entered at the beginning of the process. Conversion costs are incurred uniformly during the process.
Prepare a cost reconciliation schedule.

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