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In September, one of the processing departments at Kuzminski Corporation had beginning work in process inventory of $15,000 and ending work in process inventory of $19,000. During the month, $170,000 of costs were added to production.
-In the department's cost reconciliation report for September, the total cost to be accounted for would be:
Supply
The total amount of a product or service that is available to consumers.
Quantity
The amount or number of a material or immaterial item counted or measured.
Prices
The amount of money required to purchase a good or service, typically determined by supply and demand in the market.
Slope
The measure of the steepness or incline of a line, typically calculated as the ratio of the vertical change to the horizontal change.
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