Garfield Company had beginning Work in Process Inventory of 5,000 units that were 40 percent complete as to conversion costs.Garfield Company started and completed 42,000 units this period and had ending Work in Process Inventory of 12,000 units.How many units were started this period?

Question

Quizplus · Accepted Answer

To find the units started this period, add the units started and completed (42,000) to the ending Work in Process Inventory (12,000) and subtract the beginning Work in Process Inventory (5,000). Thus, 42,000 + 12,000 - 5,000 = 49,000 units started this period.

Garfield Company Had Beginning Work in Process Inventory of 5,000