aria 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:

Cost of beginning work in process inventory

Costs added to production during the period

Total cost to be accounted for $0

Costs accounted for as follows:

Cost of ending work in process inventory

Cost of units completed and transferred out

Total cost accounted for $0