In process manufacturing, partially completed goods received from prior departments are referred to as:
A) transferred-in goods.
B) finished goods
C) equivalent units.
D) units in ending work-in-process.

Question

Quizplus · Accepted Answer

Transferred-in goods are partially completed goods received from prior departments in process manufacturing, indicating they have undergone some processing in previous stages and are now moving forward in the production process.

In Process Manufacturing, Partially Completed Goods Received from Prior Departments