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Compute what would be the total cost to be accounted for

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Reference no: EM132758783

Problem 1: In October, one of the processing departments at Ridling Corporation had ending work in process inventory of $39,000. During the month, $252,000 of costs was added to production and the cost of units transferred out from the department was $235,000. The company uses the FIFO method in its process costing system. In the department's cost reconciliation report for October, what would be the total cost to be accounted for?

A. $61,000

B. $526,000

C. $548,000

D. $274,000

Reference no: EM132758783

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