Question
In June, one of the processing departments at Poesy Corporation had beginning work in process inventory of $43,000. During the month, $430,000 of costs were
In June, one of the processing departments at Poesy Corporation had beginning work in process inventory of $43,000. During the month, $430,000 of costs were added to production and the cost of units transferred out from the department was $402,000.
In the department's cost reconciliation report for January, the cost of ending work in process inventory for the department would be:
| a. | $ 43,000 | |
| b. | $ 71,000 | |
| c. | $ 15,000 | |
| d. | $ 28,000 |
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Fundamentals Of Corporate Finance
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
5th Edition
0135811600, 978-0135811603
