Print References The cost of beginning work in process inventory plus the costs added to production during the period equals the cost of ending work in process inventory cost of units transferred out O total cost to be accounted for cost of units started during the period Knowledge Check 02 A company has three processing departments: Mixing, Baking, and Packaging. The Baking Department transfers 500 units to the Packaging Department. How will the Packaging Department account for the costs of those 500 units? Finished goods Cost of input materials Costs transferred in O Costs transferred out

The cost of beginning work in process inventory plus the costs added to production during the period equals the cost of ending work in process inventory cost of units transferred out total cost to be accounted for cost of units started during the period Knowledge Check 02 A company has three processing departments: Mixing. Baking, and Packaging. The Baking Department transfers 500 units to the Packaging Department. How will the Packaging Department account for the costs of those 500 units? Finished goods Cost of input materials Costs transferred in Costs transferred out