In August, one of the processing departments at Knepp Corporation had beginning work in process inventory of $17,000 and ending work in process inventory of $13,000. During the month, $178,000 of costs were added to production.

In the department's cost reconciliation report for August, the cost of units transferred out of the department would be:

$165,000

$182,000

$169,000

195,000

Answer rating: 100% (QA)

The correct answer is 182000 See The cos... View the full answer