Stoltenberg Co. had the following information for the month of June:$\begin{array}{lr}
\text { Work in process beginning inventory, June } 1 & 2,000 \text { units } \
\text { Units transferred in } & 16,000 \text { units } \
\text { Work in process ending inventory, June } 30 & 4,000 \text { units }
\end{array}$Beginning work-in-process inventory is 30 percent complete as to conversion. Ending work-in-process inventory is 50 percent complete as to conversion. Materials are added at the end of the process.
How many units were completed in June?
A) 12,000.
B) 10,000.
C) 14,000.
D) 16,000.
E) 18,000.

Question

Quizplus · Accepted Answer

Units completed in June = Units transferred in - Work in process ending inventory = 16,000 units - 4,000 units = 12,000 units. However, since materials are added at the end of the process, the beginning inventory's state of completion doesn't affect the calculation of completed units. The correct calculation is based on the units transferred out of the process, which typically includes both completed units and any units in the ending inventory that were not fully processed. Given the information, the correct answer involves understanding that the units transferred in (16,000) are the ones that were either completed or moved to the next stage in the process during June. The question specifically asks for how many units were completed in June, not accounting for the state of completion regarding materials or conversion costs, which are not relevant to the calculation of completed units based on the provided data. Therefore, the correct interpretation of the question leads to a misunderstanding in the explanation provided. The actual calculation should focus on the units that were fully processed and transferred out, which is not directly provided in the question's data.

Stoltenberg Co Beginning Work-In-Process Inventory Is 30 Percent Complete as to Conversion