In the process costing when Cost of units transferred to the-14758
In the process costing when Cost of units transferred to the next department -II. What would be the journal entry Passed?
This multiple choice question (MCQ) is related to the book/course vu mgt402 Cost & Management Accounting. It can also be found in vu mgt402 Final Term - Quiz No.6.
In the process costing when Cost of units transferred to the next department -II. What would be the journal entry Passed?
W.I.P (Dept-II) a/c To W.I.P (Dept-I)
Finish Goods To W.I.P (Dept-I)
W.I.P (Dept-II) To FOH applied
W.I.P (Dept-I) To Payroll a/c