Watson, Inc., uses a weighted average process costing system. Beginning work-in-process inventory on June 1 consisted of 5,000 units. During June, 28,000 completed units were transferred out to finished goods inventory, and on June 30, 3,000 units remained in ending work-in-process. How many units were started during June?

Question

Quizplus · Accepted Answer

The number of units started during June is calculated as: Units transferred out (28,000) + Ending WIP (3,000) - Beginning WIP (5,000) = 26,000 units.