A cost transferred from a prior process to a subsequent process is referred to as
A) work in process transfer
B) beginning work in process
C) transferred in cost
D) costs added in

Question

Quizplus · Accepted Answer

A cost transferred from a prior process to a subsequent process is referred to as a transferred-in cost. This cost is included in the beginning work in process inventory of the subsequent process.

A Cost Transferred from a Prior Process to a Subsequent