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

11ea7998_5efe_fb14_911b_2d0a566ae919_TB2627_00_TB2627_00 Alternatively, 11ea7998_5efe_fb15_911b_d510173f76c6_TB2627_00_TB2627_00

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