In July, One of the Processing Departments at Feickert Corporation

question 102

Multiple Choice

In July, one of the processing departments at Feickert Corporation had beginning work in process inventory of $23,000 and ending work in process inventory of $16,000. During the month, $268,000 of costs were added to production and the cost of units transferred out from the department was $275,000. In the department's cost reconciliation report for July, the total cost to be accounted for would be:

• A) $559,000
• B) $291,000
• C) $582,000
• D) $39,000

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