Multiple Choice
In May,one of the processing departments at Messerli Corporation had beginning work in process inventory of $14,000 and ending work in process inventory of $35,000.During the month,$148,000 of costs were added to production and the cost of units transferred out from the department was $127,000.The company uses the FIFO method in its process costing system.In the department's cost reconciliation report for May,the total cost to be accounted for would be:
A) $162,000
B) $324,000
C) $49,000
D) $310,000
Correct Answer:
Verified
Correct Answer:
Verified
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