Question
Stoltenberg Co. had the following information for the month of June: Work in process beginning inventory, June 1 3,100 units Units transferred in 15,700 units
Stoltenberg Co. had the following information for the month of June:
| Work in process beginning inventory, June 1 | 3,100 | units |
| Units transferred in | 15,700 | units |
| Work in process ending inventory, June 30 | 3,900 | 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 started and completed in June?
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Integrated Audit Practice Case
Authors: David S. Kerr, Randal J. Elder, Alvin A. Arens
5th Edition
0912503351, 9780912503356
