In February, One of the Processing Departments at Grosz Corporation

question 46

Multiple Choice

In February, one of the processing departments at Grosz Corporation had beginning work in process inventory of $18,000 and ending work in process inventory of $11,000. During the month, the cost of units transferred out from the department was $204,000. The company uses the FIFO method in its process costing system.
-In the department's cost reconciliation report for February,the costs added to production in the department would be:

• A)$211,000
• B)$197,000
• C)$186,000
• D)$193,000

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Definitions:

Job Rotation

Movement of employees from one job to another in an effort to relieve the boredom often associated with job specialization.