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During January, the Farnell Furniture Company Produced 30,000 High-Quality Furniture

Question 116

Multiple Choice

During January, the Farnell Furniture Company produced 30,000 high-quality furniture sets: 7,500 from the January 1 work-in-process inventory and 22,500 from units started during the month. The January 30 work-in-process inventory consisted of 7,000 units 50% complete as to direct materials and 40% finished as to conversion costs. The January 1 inventory of work-in-process was 50% finished as to direct materials and conversion costs. The number of units started in production during January was:


A) 22,000
B) 22,500
C) 29,500
D) 30,000

Correct Answer:

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