In September, one of the processing departments at Shenkel corporation had a beginning work-in-process inventory of $25,000 and an ending work-in-process inventory of $18,000. During the month, the cost of units transferred out from the department was $304,000. In the department's cost reconciliation report for September, the total cost accounted for would be: A. $644,000 B. $43,000 C. $322,000 D. $619,000

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter5: Process Costing
Section: Chapter Questions
Problem 8EB: A production department within a company received materials of $7,000 and conversion costs of $5,000...
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In September, one of the processing departments at
Shenkel corporation had a beginning work-in-process
inventory of $25,000 and an ending work-in-process
inventory of $18,000. During the month, the cost of units
transferred out from the department was $304,000. In
the department's cost reconciliation report for
September, the total cost accounted for would be:
A. $644,000
B. $43,000
C. $322,000
D. $619,000
Transcribed Image Text:In September, one of the processing departments at Shenkel corporation had a beginning work-in-process inventory of $25,000 and an ending work-in-process inventory of $18,000. During the month, the cost of units transferred out from the department was $304,000. In the department's cost reconciliation report for September, the total cost accounted for would be: A. $644,000 B. $43,000 C. $322,000 D. $619,000
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