If a business sells four products, it is not possible to estimate the break-even point.

Labor encompasses both the physical labor and the intellectual inputs contributed by workers.

In June, one of the processing departments at Sorto Corporation had beginning work in process inventory of $30,000. During the month, $345,000 of costs were added to production and the cost of units transferred out from the department was $346,000. Required:Construct a cost reconciliation report for the department for the month of June.