Cost Reconciliation Report—Weighted-Average Method
Lech-Zurs Bakerie Corporation uses a process costing system. The Baking Department is one of the processing departments in its apple strudel manufacturing facility. In July in the Baking Department, the cost of beginning work in process inventory was $4,830, the cost of ending work in process inventory was $1,120, and the cost added to production was $25,650.
Required:
Prepare a cost reconciliation report for the Baking Department for July.
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