In February,one of the processing departments at Wyke Corporation had ending work in process inventory of $15,000.During the month,$264,000 of costs were added to production and the cost of units transferred out from the department was $273,000.The company uses the FIFO method in its process costing system.In the department's cost reconciliation report for February,the total cost to be accounted for would be:
A) $288,000
B) $576,000
C) $39,000
D) $552,000

Question

Quizplus · Accepted Answer

FIFO Method
 11ea7761_18c2_4809_81a5_91de38610465_TB2580_00

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