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In October, One of the Processing Departments at Radiance Corporation

Question 150

Essay

In October, one of the processing departments at Radiance Corporation had beginning work-in-process inventory of $29,000 and ending work-in-process inventory of $23,000. During the month, the cost of units transferred out from the department was $311,000.
Required:
Construct a cost reconciliation report for the department for the month of October.

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