BE3-9Data for Hollins company are given in *BE3-8. Production records indicate that $18,000units were transferred out, and 2,000 units in ending work in process were 50%complete as to conversion costs and 100% complete as to materials. Prepare acost reconciliation schedule. *BE3-8 Productioncosts chargeable to the Finishing Department in June in Hollins Company arematerials $12,000, labor $29,500, and overhead $18,000. Equivalent units of production are materials20,000 and conversion costs 19,000. Complete the unit costs for materials and conversion costs.
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