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In May, one of the processing departments at Stitzel Corporation had beginning work in process inventory of $35,000 and ending work in process inventory of
In May, one of the processing departments at Stitzel Corporation had beginning work in process inventory of $35,000 and ending work in process inventory of $20,000. During the month, the cost of units transferred out from the department was $439,000. In the department's cost reconciliation report for May, the total cost to be accounted for under the weighted-average method would be: O $494,000 O $55,000 O $474,000 O $459,000
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