Multiple Choice
In February, one of the processing departments at Grosz Corporation had beginning work in process inventory of $18,000 and ending work in process inventory of $11,000. During the month, the cost of units transferred out from the department was $204,000. The company uses the FIFO method in its process costing system.
-In the department's cost reconciliation report for February,the total cost accounted for would be:
A) $29,000
B) $412,000
C) $215,000
D) $430,000
Correct Answer:
Verified
Correct Answer:
Verified
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