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 journal entry to record the transfer of costs from work in process to finished goods is a. Work in Process 540,000 Finished Goods 540,000 b. Finished Goods 375,000 Work in Process 375,000 c. Work in Process 375,000 Finished Goods 375,000 d. Finished Goods 540,000 Work in Process 540,000
+2
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The cost of production of completed and transferred goods during the period amounted to $540,000, and the finished products shipped to ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Home » Business » 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.