In February, One of the Processing Departments at Wyke Corporation

Multiple Choice

In February, one of the processing departments at Wyke Corporation had ending work in process inventory of $15,000. During the month, $264,000 of costs were added to production and the cost of units transferred out from the department was $273,000. The company uses the first-in, first-out method in its process costing system. In the department's cost reconciliation report for February, the total cost to be accounted for would be:

A) $288,000
B) $576,000
C) $39,000
D) $552,000