Multiple Choice
In September, one of the processing departments at Becka Corporation had ending work in process inventory of $23,000. During the month, $362,000 of costs were added to production and the cost of units transferred out from the department was $372,000. The company uses the FIFO method in its process costing system. In the department's cost reconciliation report for September, the total cost accounted for would be:
A) $56,000
B) $395,000
C) $790,000
D) $757,000
Correct Answer:
Verified
Correct Answer:
Verified
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