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 total cost accounted for would be:
A) $297,000
B) $594,000
C) $63,000
D) $567,000
Correct Answer:
Verified
Correct Answer:
Verified
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