In a process system with multiple processes, the cost of units completed in Department One is transferred to
A)Finished Goods Inventory.
B)WIP in Department Two.
C)Cost of Goods Sold.
D)overhead.

Question

Quizplus · Accepted Answer

The cost of units completed in Department One is transferred to Work in Process (WIP) in Department Two, reflecting the continuation of the production process from one department to the next.

In a Process System with Multiple Processes, the Cost of Units