Question

In April, one of the processing departments at Terada Corporation had beginning work in process inventory...

In April, one of the processing departments at Terada Corporation had beginning work in process inventory of $22,000 and ending work in process inventory of $28,000. During the month, $245,000 of costs were added to production and the cost of units transferred out from the department was $239,000. In the department's cost reconciliation report for April, the total cost to be accounted for under the weighted-average method would be: Multiple Choice $267,000 $534,000 $512,000 $50,000

0 0
Add a comment Improve this question Transcribed image text
Answer #1

ANSWER: $ 267,000 Explanations: Cost to be accounted for = Beginning work in process inventory cost + costs added to producti

Add a comment
Know the answer?
Add Answer to:
In April, one of the processing departments at Terada Corporation had beginning work in process inventory...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • In April, one of the processing departments at Terada Corporation had beginning work in process inventory...

    In April, one of the processing departments at Terada Corporation had beginning work in process inventory of $30,000 and ending work in process inventory of $36,000. During the month, $253,000 of costs were added to production and the cost of units transferred out from the department was $247,000. In the department's cost reconciliation report for April, the total cost to be accounted for under the weighted-average method would be:

  • In July, one of the processing departments at Okamura Corporation had beginning work in process inventory...

    In July, one of the processing departments at Okamura Corporation had beginning work in process inventory of $25,000 and ending work in process inventory of $30,000. During the month, the cost of units transferred out from the department was $160,000. In the department's cost reconciliation report for July, the total cost to be accounted for under the weighted-average method would be: Multiple Choice $55,000 $131,000 $144,000 $190,000

  • In July, one of the processing departments at Okamura Corporation had beginning work in process inventory...

    In July, one of the processing departments at Okamura Corporation had beginning work in process inventory of $17,000 and ending work in process inventory of $22,000. During the month, the cost of units transferred out from the department was $152,000. In the department's cost reconciliation report for July, the total cost to be accounted for under the weighted-average method would be:

  • In July, one of the processing departments at Okamura Corporation had beginning work in process inventory...

    In July, one of the processing departments at Okamura Corporation had beginning work in process inventory of $14,000 and ending work in process inventory of $19,000. During the month, the cost of units transferred out from the department was $149,000. In the department's cost reconciliation report for July, the total cost to be accounted for under the weighted-average method would be: $168,000 $133,000 $120,000 $33,000

  • In August, one of the processing departments at Tsuzuki Corporation had beginning work in process inventory...

    In August, one of the processing departments at Tsuzuki Corporation had beginning work in process inventory of $25,600 and ending work in process inventory of $14,600. During the month, $299,000 of costs were added to production. In the department's cost reconciliation report for August, the total cost to be accounted for would be: Multiple Choice $649.200 $40,200 $324,600 $623,600

  • In May, one of the processing departments at Messerli Corporation had beginning work in process inventory...

    In May, one of the processing departments at Messerli Corporation had beginning work in process inventory of $25,000 and ending work in process inventory of $46,000. During the month $150,000 of costs were added to production and the cost of units transferred out from the department was $138,000. The company uses the FIFO method in its process costing system. In the department's cost reconciliation report for May, the total cost to be accounted for would be Multiple Choice O $184,000...

  • In July, one of the processing departments at Junkin Corporation had beginning work in process inventory...

    In July, one of the processing departments at Junkin Corporation had beginning work in process inventory of $18,000 and ending work in process inventory of $20,000. During the month, $194,000 of costs were added to production and the cost of units transferred out from the department was $192,000. Required: Construct a cost reconciliation report for the department for the month of July. Costs to be accounted for Cost of beginning work in process inventory Costs added to production during the...

  • In July, one of the processing departments at Junkin Corporation had beginning work in process inventory...

    In July, one of the processing departments at Junkin Corporation had beginning work in process inventory of $18,000 and ending work in process inventory of $20,000. During the month, $194,000 of costs were added to production and the cost of units transferred out from the department was $192,000. Required: Construct a cost reconciliation report for the department for the month of July. Costs to be accounted for: Cost of beginning work in process inventory Costs added to production during the...

  • In June, one of the processing departments et Furbush Corporation had ending work in process inventory...

    In June, one of the processing departments et Furbush Corporation had ending work in process inventory of $13,000. During the month, $414,000 of costs were added to production and the cost of units transferred out from the department was $436,000. In the department's cost reconciliation report for January, the cost of beginning work in process inventory for the department would be: Multiple Choice $35,000 $423,000 $9,000 $401.000 Paceheco Corporation uses the weighted-average method in its process costing system. The Molding...

  • In August, one of the processing departments at Tsuzuki Corporation had beginning work in process inventory...

    In August, one of the processing departments at Tsuzuki Corporation had beginning work in process inventory of $25,000 and ending work in process inventory of $14,000. During the month, $293,000 of costs were added to production. In the department's cost reconciliation report for August, the total cost to be accounted for would be:

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT