The Finishing Department transferred out completed units with a cost of $74,000. This transfer should be recorded with the following entry:

Name: The Finishing Department transferred out completed units with a cost of $74,000. This transfer should be recorded with the following entry:
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Question

Quizplus · Accepted Answer

Transferring completed units from one department to another is considered a transfer of costs and should be recorded with an entry in the accounting records.

The Finishing Department Transferred Out Completed Units with a Cost