In September, one of the processing departments at Kuzminski Corporation had beginning work in process inventory of $15,000 and ending work in process inventory of $19,000. During the month, $170,000 of costs were added to production.
-In the department's cost reconciliation report for September, the total cost to be accounted for would be:
A) $34,000
B) $185,000
C) $370,000
D) $355,000

Question

Quizplus · Accepted Answer

The total cost to be accounted for is the sum of beginning work in process inventory, costs added during the month, and ending work in process inventory. Therefore, the total cost to be accounted for in September is $15,000 + $170,000 + $19,000 = $185,000.

In September, One of the Processing Departments at Kuzminski Corporation