In October, One of the Processing Departments at Ridling Corporation

question 78

Multiple Choice

In October, one of the processing departments at Ridling Corporation had ending work in process inventory of $39,000. During the month, $252,000 of costs were added to production and the cost of units transferred out from the department was $235,000. The company uses the FIFO method in its process costing system. In the department's cost reconciliation report for October, the total cost to be accounted for would be:

• A)$526,000
• B)$61,000
• C)$548,000
• D)$274,000

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