In December, one of the processing departments at Rumsey Corporation had ending work in process inventory of

Question:

In December, one of the processing departments at Rumsey had ending work in process inventory of $21,000. During the month, $110,000 of costs were added to production and the cost of units transferred out from the department was $99,000. In the department's cost reconciliation report for January, the cost of beginning work in process inventory for the department would be:
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...