Calhoun Productions uses process costing.At the beginning of the month, there were 1,100 units in process in the Welding Department, 40% complete with respect to conversion costs.Materials are added at the beginning of the process.A total of 15,000 units were started during the month and there were 1,400 units in the ending Work in Process inventory that were 100% complete with respect to material and 30% complete with respect to conversion costs.How many units were completed during the month?

Question

Quizplus · Accepted Answer

The number of units completed during the month is calculated by adding the units started to the beginning inventory and then subtracting the ending inventory: (1,100 + 15,000 - 1,400 = 14,700 units).

Calhoun Productions Uses Process Costing