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5 May, 10:14

The Finishing Department had 11,000 incomplete units in its beginning Work-in-Process Inventory which were 100% complete as to materials and 30% complete as to conversion costs. 33,000 units were received from the previous department. The ending Work-in-Process Inventory consisted of 4,300 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 transferred-out during the period? 44,000 units. 28,700 units. 26,300 units. 39,700 units.

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  1. 5 May, 13:55
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    39,700 units.

    Explanation:

    The transferred units are calculated using physical units.

    So the complete % are irrelevant.

    11,000 beginning

    33,000 started

    4,300 ending inventory

    11000+33000 = 44000 units worked during the period

    ending inventory (4300)

    transferred out 39700
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