Where a process has two departments [A and B], the first new debit entry in the work in process inventory account for Department B in any period will be transferred-in costs.

Question

Quizplus · Accepted Answer

The first new debit entry for Department B in a process with two departments (A and B) typically represents the transferred-in costs from Department A, reflecting the costs of partially completed goods moved from Department A to Department B for further processing.

Where a Process Has Two Departments [A and B], the First