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In April, One of the Processing Departments at Salatino Corporation

Question 1

Multiple Choice

In April, one of the processing departments at Salatino Corporation had beginning work in process inventory of $27,000 and ending work in process inventory of $36,000. During the month, the cost of units transferred out from the department was $261,000. The company uses the FIFO method in its process costing system. In the department's cost reconciliation report for April, the costs added to production in the department would be:


A) $270,000
B) $225,000
C) $252,000
D) $234,000

Correct Answer:

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