Pinkston Company completed 12,000 units of product at a total cost of $28,000.The recording of the product completed would include a decrease to:

Question

Quizplus · Accepted Answer

The transfer of the cost of goods manufactured from the Work in Process Inventory to the Finished Goods Inventory account would decrease the Work in Process Inventory account and increase the Finished Goods Inventory account.

Pinkston Company Completed 12,000 Units of Product at a Total