Anderson Corporation, which uses a process-costing system, transfers completed production from Department A to Department B for further work. Which of the following best describes the account that would be credited to record this transfer?

Question

Quizplus · Accepted Answer

The transfer of completed production from Department A to Department B would involve crediting the Work-in-Process Inventory account for Department A, as the costs are being transferred out of this department.

Anderson Corporation, Which Uses a Process-Costing System, Transfers Completed Production