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B7. LO 5.3 A company started the month with 4,519 units in work in process inventory. It started 15,295 units and had an ending inventory
B7. LO 5.3 A company started the month with 4,519 units in work in process inventory. It started 15,295 units and had an ending inventory of 4,936. The units were 100% complete to materials and 30% complete with conversion. How many units were transferred out during the period?
Solution
Beginning inventory | 4,519 |
Started | 15,295 |
Units to account for | 19,814 |
|
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Units to account for | 19,814 |
Ending inventory | (4,936) |
Units transferred out | 14,878 |
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