The cost of production of completed and transferred goods during the period amounted to $540,000, and the

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The cost of production of completed and transferred goods during the period amounted to $540,000, and the finished products shipped to customers had total production costs of $375,000. The entry to record the transfer of costs from work in process to finished goods is
a. Finished Goods 375,000
Work in Process 375,000
b. Finished Goods 540,000
Work in Process 540,000
c. Work in Process 540,000
Finished Goods 540,000
d. Work in Process 375,000
Finished Goods 375,000
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Principles of Cost Accounting

ISBN: 978-1305087408

17th edition

Authors: Edward J. Vanderbeck, Maria Mitchell

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