Cole Company transferred 6,000 units to Finished Goods Inventory during August.On August 1,the company had 400 units on hand (35 percent complete as to both material and conversion costs).On August 31,the company had 750 units (20 percent complete as to material and 30 percent complete as to conversion costs).The number of units started and completed during August was:

Question

Quizplus · Accepted Answer

The units started and completed during August are calculated by subtracting the beginning inventory from the units transferred to finished goods: 6,000 units transferred - 400 units in beginning inventory = 5,600 units started and completed.

Cole Company Transferred 6,000 Units to Finished Goods Inventory During