Asked by Lyndsay Astor on Jul 06, 2024
Verified
How many units are in ending work in process inventory in the first processing department at the end of the month?
A) 7,600
B) 900
C) 1,700
D) 1,200
Work in Process
Refers to materials and components that have begun their transformation to finished goods but are not yet completed.
Processing Department
A division within a manufacturing facility where a specific type of processing or assembly occurs, often as part of a production line.
- Gain an understanding of work in process inventory and the procedure for determining ending units.
- Learn the significance and method of calculating ending work in process inventory for various periods.
Verified Answer
BR
Brenda RomeroJul 12, 2024
Final Answer :
C
Explanation :
Units in ending work in process = Units in beginning work in process + Units started into production - Units transferred to the next department = 800 + 8,400 - 7,500 = 1,700
Learning Objectives
- Gain an understanding of work in process inventory and the procedure for determining ending units.
- Learn the significance and method of calculating ending work in process inventory for various periods.
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