Question

In June, one of the processing departments at Football Corporation had beginning work in process inventory of $13,800. During the month, $444,000 of costs were added to production and the cost of units completed and transferred out from the department was $422,000. In the department’s cost reconciliation report for January, the cost of ending work in process inventory for the department would be:

Answer 1

Ending Work In Process 35,800

Step-by-step explanation:

Beginning WIP 13,800

cost added 444,000

transferred-out (422,000)

ending WIP 35,800

begining WIP + added = transferred-out + ending WIP