Question
Running Company had the following information for the month of June: Work in process beginning inventory, June 1 2,000 units Units transferred in 19,000 units
Running Company had the following information for the month of June:
| Work in process beginning inventory, June 1 | 2,000 | units |
|---|---|---|
| Units transferred in | 19,000 | units |
| Work in process ending inventory, June 30 | 3,000 | units |
Beginning work-in-process inventory is 30 percent complete as to conversion. Ending work-in-process inventory is 50 percent complete as to conversion. Materials are added at the end of the process.
How many units were completed in June?
Step by Step Solution
3.45 Rating (155 Votes )
There are 3 Steps involved in it
Step: 1
Units completed Units in beginning inventory ...
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Fundamentals of Corporate Finance
Authors: Berk, DeMarzo, Harford
2nd edition
132148234, 978-0132148238
