Question

The costs that were incurred in a previous process and brought into a later process as part of the​ product's cost are called​ ________ costs. A. accounted for B. to account for C. transferred in D. transferred out

Answer 1

Answer:

C. transferred in

Explanation:

The process costying will have a beginnign inventory and started units which come fro mthe raw materials inventory or another process. When they come from another process are called transfer-in

This figure along with the beginning inventory total the accounted for.

Then this can be either completed or keep as Work in process.

when completed are trasnferred-out

this both figures will stand for the cost to accoung for