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In February, one of the processing departments of a Corporation had beginning work in process inventory of $35,000 and ending work in process inventory
In February, one of the processing departments of a Corporation had beginning work in process inventory of $35,000 and ending work in process inventory of $47,000. During the month, $160,000 of costs were added to production and the cost of units transferred out from the department was $139,000. The company uses the FIFO method in its process costing system. In the department's cost reconciliation report for February, the total cost to be accounted for would be: Numeric Response < Prev 3 of 20 Next >
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