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The Cost of Transferred-In Units Is Accounted for By

Question 107

Multiple Choice

The cost of transferred-in units is accounted for by:


A) Ignoring it
B) Adding it to beginning WIP and work performed this period as an additional cost with a separate category
C) Adding it to direct materials and allocating it with the direct materials
D) Adding it to conversion costs and allocating it with conversion costs

Correct Answer:

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