In process costing,units that are started but NOT completed by the end of the accounting period are called ________.
A) Cost of Goods Sold
B) ending Direct Materials Inventory
C) ending Work-In-Process Inventory
D) ending Finished Goods Inventory

Question

Quizplus · Accepted Answer

Units that are started but not completed by the end of the accounting period are considered partially completed and are included as part of the ending work-in-process inventory.

In Process Costing,units That Are Started but NOT Completed by the End