Use the following information to prepare the manufacturing statement for Forsythe Company for the month ended June 30.
Definitions:
Costs Accounted For
The total costs identified and recorded for a specific period or project, including both direct and indirect expenses.
Costs Added
Refers to any additional expenses incurred during the production or acquisition of goods and services, typically encompassing materials, labor, and overhead costs that were not initially budgeted or anticipated.
Job-Order Costing
A cost accounting system that assigns costs to specific production batches or jobs, often used for custom orders.
Cost Reconciliation Report
A financial document detailing the reconciliation of costs, often between actual and standard figures, in the context of manufacturing or production.
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