In June, one of the processing departments at Furbush Corporation had ending work in process inventory of $12,000. During the month, $404,000 of costs were added to production and the cost of units transferred out from the department was $426,000. In the department’s cost reconciliation report for June, the total cost accounted for would be:
a) $842,000
b) $46,000
c) $876,000
d) $438,000
Answers: 1
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In June, one of the processing departments at Furbush Corporation had ending work in process invento...
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