Exercise 4-5 Cost Reconciliation Report-Weighted-Average Method (LO4-5]Maria Am Corporation uses the weighted-average method in its process costing system. The Baking Department is one of theprocessing departments in its strudel manufacturing facility. In June in the Baking Department, the cost of beginning work in processinventory was $3,570, the cost of ending work in process inventory was $2,860, and the cost added to production was $43,120.Required:Prepare a cost reconciliation report for the Baking Department for June.Baking DepartmentCost ReconciliationCosts to be accounted for:Total cost to be accounted forCosts accounted for as follows:Total cost accounted for

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Exercise 4-5 Cost Reconciliation Report-Weighted-Average Method (LO4-5]
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 $3,570, the cost of ending work in process inventory was $2,860, and the cost added to production was $43,120.
Required:
Prepare a cost reconciliation report for the Baking Department for June.
Baking Department
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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Exercise 4-5 Cost Reconciliation Report-Weighted-Average Method (LO4-5] 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 $3,570, the cost of ending work in process inventory was $2,860, and the cost added to production was $43,120. Required: Prepare a cost reconciliation report for the Baking Department for June. Baking Department 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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Process costing: Process costing is type of costing that assigns cost to units of production. This type of costing is suitable for companies man...

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