Fifo method Ridling Corporation, accounting assignment help

In October, one of the processing departments at Ridling Corporation had ending work in process

inventory of $39,000. During the month, $252,000 of costs was added to production and the cost of units

transferred out from the department was $235,000. The company uses the FIFO method in its process

costing system. In the department’s cost reconciliation report for October, what would be the total cost to

be accounted for?

A. $548,000

B. $274,000

C. $61,000

D. $526,000

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