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24 February, 07:28

EA8.

LO 5.3How many units must have been completed and transferred if beginning inventory was 75,000 units, ending inventory was 72,000 units, and 290,000 units were started?

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  1. 24 February, 11:21
    0
    293,000 units

    Explanation:

    As we know that

    Ending work in process inventory units = Beginning inventory units + units started - units completed and transferred

    72,000 units = 75,000 units + 290,000 units - units completed and transferred

    72,000 units = 365,000 units - units completed and transferred

    So, the units completed and transferred would be

    = 365,000 units - 72,000 units

    = 293,000 units
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