In December, One of the Processing Departments at Garoutte Corporation

Essay

In December, one of the processing departments at Garoutte Corporation had beginning work in process inventory of $34,000 and ending work in process inventory of $29,000. During the month, $357,000 of costs were added to production and the cost of units transferred out from the department was $362,000.
Required:
Construct a cost reconciliation report for the department for the month of December.