In July, one of the processing departments at Feickert Corporation had beginning work in process inventory of $23,000 and ending work in process inventory of $16,000. During the month, $268,000 of costs were added to production and the cost of units transferred out from the department was $275,000. In the department's cost reconciliation report for July, the total cost to be accounted for would be:
A) $559,000
B) $291,000
C) $582,000
D) $39,000
Correct Answer:
Verified
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