Maysonet Corporation uses a job-order costing system and has provided the following partially completed T-account summary for the past year. The cost of completed jobs transferred from Work in Process to Finished Goods during the year was:
A) $520,000
B) $572,000
C) $538,000
D) $504,000

Question

Maysonet Corporation uses a job-order costing system and has provided the following partially completed T-account summary for the past year.  The cost of completed jobs transferred from Work in Process to Finished Goods during the year was:
A) $520,000 
B) $572,000 
C) $538,000 
D) $504,000

Quizplus · Accepted Answer

11ea7761_18df_e205_81a5_bf719f55aa7d_TB2580_00 Alternatively,
 11ea7761_18e0_0916_81a5_7570cf32dbcb_TB2580_00

Maysonet Corporation Uses a Job-Order Costing System and Has Provided