Question

LO 5.4The costs to be accounted for consist of which of the following?

costs added during the period
costs of the units in ending inventory
costs started and transferred during the period
costs in the beginning inventory and costs added during the period

Answer 1

The costs to be accounted for consists of costs in the beginning inventory and costs added during the period.

The correct answer is D

Step-by-step explanation:

In process costing, costs to be accounted for is the aggregate of costs in the beginning inventory and costs added during the period.