Which of the Following Best Describes Transferred-In Costs in Process

Multiple Choice

Which of the following best describes transferred-in costs in process costing?

A) These costs are incurred in previous departments that are carried forward to subsequent departments.
B) These costs are transferred in to the company by an external vendor.
C) These costs are incurred in transferring raw materials and labor from the place of availability to the factory.
D) These costs cannot be controlled by an organization as they are transferred to the organization from the market participants.