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What the cost of beginning work in process inventory be

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Reference no: EM132996554

In June, one of the processing departments at Furbush Corporation had ending work in process inventory of $13,400. During the month, $418,000 of costs were added to production and the cost of units transferred out from the department was $440,000.

Problem 1: In the department's cost reconciliation report for January, the cost of beginning work in process inventory for the department would be:

Multiple Choice

Option 1: $35,400
Option 2: $426,600
Option 3: $8,600
Option 4: $404,600

Reference no: EM132996554

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