In July, one of the processing departments at Junkin Corporation had beginning work in process inventory of $$31,000$ and ending work in process inventory of $$33,000.$ During the month, $$207,000$ of costs were added to production and the cost of units transferred out from the department was $$205,000.$

Required:

Construct a cost reconciliation report for the department for the month of July.

Answer rating: 100% (QA)

Cost Reconciliation Report Junkin Corporation Processing Department Month Ended July Description Amo... View the full answer