In a production- cost report, the total costs accounted for is equal to the cost of units completed and transferred plus the cost of:
A) ending work- in- process inventory
B) beginning work- in- process inventory
C) the units started and finished
D) the units completed but still on hand

Question

Quizplus · Accepted Answer

The total costs accounted for in a production-cost report include the cost of units completed and transferred out plus the cost of ending work-in-process inventory.

In a Production- Cost Report, the Total Costs Accounted for Is