Prepare a cost reconciliation report


Problem:

Maria Am Corporation uses a 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 the beginning work in process inventory was $3570, the cost of the ending work in process inventory was $2860, and the cost added to production was $43,120.

Prepare a cost reconciliation report for the Baking Department for June.

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Accounting Basics: Prepare a cost reconciliation report
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