Costs that are incurred in last department, where product has been processed and will be carried to next department for further processing are called?

partial work costs
transferred-in costs
transferred-out costs
weighted average costs

LohaHridoy

4 views

2025-01-04 04:42

1 Answers

AhmedNazir

Answer: Option 2

Costs that are incurred in last department, where product has been processed and will be carried to next department for further processing are called transferred-in costs. Transferred-in costs are costs accumulated during the upstream production processes within a company. Transferred-in costs are the costs accumulated by the product at any given point in production.

4 views Answered 2022-09-01 13:21

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