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The Beginning Inventory of Department No

Question 1

Multiple Choice

The beginning inventory of Department No. 3 was zero. During May, 2,500 units were processed in the department at a cost of $5 per unit. All 2,500 of these units were transferred to Department No. 4 in May at a total cost of $17,500. The unit cost of goods transferred to Department No. 4 in May was:


A) $5.00.
B) $6.00.
C) $7.00.
D) $1.00.

Correct Answer:

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