In preparing a cost of production report, it is often necessary to round unit costs. As a

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In preparing a cost of production report, it is often necessary to round unit

costs. As a result, the Total Costs Accounted For, computed by adding the

ending work in process inventory and the cost of units transferred out of

the department, may not exactly equal the Total Costs to Be Accounted

For. What adjustment is made to make the two numbers agree?

LO.1

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Related Book For  book-img-for-question

Cost Accounting Principles And Applications

ISBN: 9780028034287

6th Edition

Authors: Horace R. Brock, Linda Herrington

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