Asked by Jenna Wright on May 11, 2024
Verified
How many units were started into production during February?
A) 9,800
B) 11,000
C) 10,000
D) 9,000
Units Started
The total number of units of product that a company begins processing over a certain period of time, marking the start of the production process.
- Grasp the process of starting units into production and tracking through the system.
Verified Answer
DC
Danick CoutyMay 14, 2024
Final Answer :
B
Explanation :
The chart shows that the production for February started at 9,200 and ended at 20,200. The difference between the two numbers gives us the total number of units produced in February, which is 11,000. Therefore, the answer is (B) 11,000.
Explanation :
Units started into production or transferred in = Units in ending work in process inventory + Units completed and transferred out - Units in beginning work in process inventory
Units started into production or transferred in = 4,000 + 10,000 - 3,000 = 11,000
Reference: CH05-Ref4
Inacio Corporation uses the weighted-average method in its process costing system.Data concerning the first processing department for the most recent month are listed below: Note: Your answers may differ from those offered below due to rounding error.In all cases, select the answer that is the closest to the answer you computed.To reduce rounding error, carry out all computations to three decimal places.
Units started into production or transferred in = 4,000 + 10,000 - 3,000 = 11,000
Reference: CH05-Ref4
Inacio Corporation uses the weighted-average method in its process costing system.Data concerning the first processing department for the most recent month are listed below: Note: Your answers may differ from those offered below due to rounding error.In all cases, select the answer that is the closest to the answer you computed.To reduce rounding error, carry out all computations to three decimal places.
Learning Objectives
- Grasp the process of starting units into production and tracking through the system.
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