Which one of the following components of Work in Process is always 100% complete at the beginning of the processing in a department?
A)Direct labor
B)Manufacturing overhead
C)Transferred-in costs
D)Direct material

Question

Quizplus · Accepted Answer

Transferred-in costs represent the costs of a previous department that are carried into the next process in the production cycle. These costs are considered 100% complete at the beginning of the processing in a department because they are incurred and fully accounted for in the previous department or process.

Which One of the Following Components of Work in Process