Cost Reconciliation Report—FIFO Method
Kippinger Baking Corporation uses a process costing system in its large-scale baking operations. The Mixing Department is one of the company's processing departments. In the Mixing Department in August, the cost of beginning work in process inventory was S4.230. the cost of ending work in process inventory was 53,870, and the cost added to production was $46,320.
Required:
Prepare a cost reconciliation report for the Mixing Department for August.
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