Which of the following items would appear first on a production cost report?
A)Total costs accounted for
B)Cost of goods finished for the month
C)Total equivalent units
D)Beginning WIP, if any

Question

Quizplus · Accepted Answer

Beginning WIP, if any, would appear first on a production cost report as it represents the unfinished goods from the previous period that are being carried forward into the current period.

Which of the Following Items Would Appear First on a Production