Accounting 1

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 $4,870, the cost of ending work in process inventory was $1,170, and the cost added to production was $25,550.

Required:

Prepare a cost reconciliation report for the Baking Department for July.

Baking Department Cost Reconciliation

  Costs to be accounted for:

$  

       Total cost to be accounted for

$  

  Costs accounted for as follows:

$  

       Total cost accounted for

$