(Appendix 4A) In February, one of the processing departments at Brandstetter Corporation had beginning work in process inventory of $24,000 and ending work in process inventory of $18,000. During the month, the cost of units transferred out from the department was $249,000. The company uses the FIFO method in its process costing system.
-In the department's cost reconciliation report for February,the costs added to production in the department would be:
A) $243,000
B) $255,000
C) $225,000
D) $231,000
Correct Answer:
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