The Finishing Department had 8,500 incomplete units in its beginning Work-in-Process Inventory which were 100% complete as to materials and 30% complete as to conversion costs. 25,500 units were received from the previous department. The ending Work-in-Process Inventory consisted of 3,300 units which were 50% complete as to materials and 30% complete as to conversion costs. The Finishing Department uses first-in, first-out (FIFO) process costing.

How many units were started and completed during the period?

a22,200 units.b20,300 units.c30,700 units.d34,000 units.

The Wisco Company has a process cost system. All materials are added when the process is first begun. At the beginning of September, there were no units of product in process. During September 51,500 units were started; 5,150 of these were still in process at the end of September and were 60% finished. The equivalent units of material in September were:

a 46,350. b 41,200. c 49,440. d 51,500.

The WISCO Company uses a weighted-average process costing system. The following data are available:

Beginning inventory		0
Units started in production		64,000
Units finished during the period		38,000
Units in process at the end of the period (Complete as to materials, 1/4 complete as to labor and overhead)		26,000
Cost of materials used	$	272,000
Labor and overhead costs	$	222,500

Total cost of the 26,000 units of the ending inventory is:

a$338,342. b$143,000. c$240,500. d$180,375.

The Blue Corporation started and completed 6,000 units during February. Blue started the month with 820 units in process (40% complete) and ended the month with 480 units in process (40% complete). How many units were transferred to the Finished Goods Inventory during February?

a 6,820 units. b 6,340 units. c 6,684 units. d 5,520 units.

Yarn Co.'s inventories in process were at the following stages of completion at April 30:

No.of Units	Percent Complete
300	90
150	80
600	10

Equivalent units of production in ending inventory amounted to:

a 1,050. b 990. c 450. d 380.