In a multi-process costing system, cost of work in process-department 1 is transferred where?
A) To finished goods inventory
B) To cost of goods sold
C) To manufacturing overhead
D) To the next manufacturing process

Question

Quizplus · Accepted Answer

In a multi-process costing system, the cost of work in process from one department is transferred to the next department in the manufacturing process until it becomes a finished product.

In a Multi-Process Costing System, Cost of Work in Process-Department