Under Process Costing,the Total Production Costs Incurred in Each Process

Multiple Choice

Under process costing,the total production costs incurred in each process must be split between the units that have been completed in that process and transferred to the next process and the ________.

A) Finished Goods Inventory if it is the first process
B) units not completed and remaining in Work-in-Process Inventory for that department
C) Cost of Goods Sold when the units are sold
D) Work-in-Process Inventory of the previous department when there are no sales