Westwood Company operates a process/continuous flow manufacturing system and employs weighted average process costing. On September 1, the work-in-process inventory consisted of 2,000 units. During September, another 40,000 units were started in process, and 36,000 completed units were transferred out to finished goods inventory. What number of units remained in work-in-process on September 30?

Question

Quizplus · Accepted Answer

The number of units remaining in work-in-process on September 30 is calculated by adding the beginning inventory (2,000 units) to the units started (40,000 units) and then subtracting the units transferred out (36,000 units). This results in 6,000 units remaining in work-in-process.

Westwood Company Operates a Process/continuous Flow Manufacturing System and Employs