In a process costing system with three departments, when items are sold, the cost of the items is moved from
A)Work in Process to Finished Goods.
B)Work in Process to Cost of Goods Sold.
C)Cost of Goods Sold to Finished Goods.
D)Finished Goods to Cost of Goods Sold.

Question

Quizplus · Accepted Answer

In a process costing system, when items are sold, the cost of the items is moved from Finished Goods to Cost of Goods Sold.

In a Process Costing System with Three Departments, When Items