In February,one of the processing departments at Carpentier Corporation had beginning work in process inventory of $14,000 and ending work in process inventory of $29,000.During the month,$148,000 of costs were added to production and the cost of units transferred out from the department was $133,000.In the department's cost reconciliation report for February,the total cost to be accounted for would be:
A)$310,000
B)$162,000
C)$324,000
D)$43,000

Question

Quizplus · Accepted Answer

The total cost to be accounted for is the sum of the beginning work in process inventory and the costs added during the month: $14,000 + $148,000 = $162,000.

In February,one of the Processing Departments at Carpentier Corporation Had