For the receiving department of a process-costing manufacturer, transferred-in goods are materials that are added at the end of the process.

Question

Quizplus · Accepted Answer

Transferred-in goods are materials that are added at the beginning of the process, not the end. They are the materials that were partially processed in another department and are now being transferred in for further processing.

For the Receiving Department of a Process-Costing Manufacturer, Transferred-In Goods