Question: The costs transferred from a prior process to a subsequent process a. are treated as another type of material cost. b. are referred to as

The costs transferred from a prior process to a subsequent process
a. are treated as another type of material cost.
b. are referred to as transferred-in costs (for the receiving department).
c. are referred to as the cost of goods transferred out (for the transferring department).
d. all of the above.
e. none of the above.

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