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what would be the total cost, accounting homework help
In November, one of the processing departments at Goodsell Corporation had beginning work in process inventory of $36,000 and ending work in process inventory of $35,000. During the month, $427,000 of costs was added to production and the cost of units transferred out from the department was $428,000. The company uses the FIFO method in its process costing system. In the department’s cost reconciliation report for November, what would be the total cost to be accounted for?
A. $463,000
B. $71,000
C. $890,000
D. $926,000
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