In the cost reconciliation report,the costs to be accounted for equals the cost of beginning work in process inventory plus the costs added during the period.

Question

Quizplus · Accepted Answer

The cost reconciliation report shows the total costs incurred during a period, and the costs to be accounted for include the costs of beginning work in process inventory and the costs added during the period.

In the Cost Reconciliation Report,the Costs to Be Accounted for Equals