Question: Multiple Select Question Select all that apply Montgomery Corporation uses a process costing system with multiple production departments. At the start of the current period,

 Multiple Select Question Select all that apply Montgomery Corporation uses a

Multiple Select Question Select all that apply Montgomery Corporation uses a process costing system with multiple production departments. At the start of the current period, $100,000 in costs had been carried forward and assigned to partially completed inventory in Department A. Resources totaling $90,000 were consumed in the current period to complete those units. An additional 25,000 units were started and completed during the current period at a cost of $30 per equivalent unit. The summary journal entry required to transfer completed units from Department A to Department B in the current period includes a: (Select all that apply). $940,000 debit to Work in Process: Department B. $860,000 credit to Work in Process Department A. \$940,000 credit to Work in Process: Department A. $860,000 debit to Work in Process: Department B

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