Wright Company Wright Company adds material at the start of production.The following production information is available for September:

Beginning Work in Process Inventory

(45% complete as to conversion) 10,000 units

Started this period 120,000 units

Ending Work in Process Inventory 80% complete as to conversion) 8,200 units

Beginning Work in Process Inventory Costs:

Material $24,500

Conversion 68,905

Current Period Costs:

Material $ 75,600

Conversion 130,053

Refer to Wright Company.How many units were started and completed in the period?

Question

Wright Company Wright Company adds material at the start of production.The following production information is available for September:

Beginning Work in Process Inventory
	(45% complete as to conversion)	10,000 units
Started this period		120,000 units
Ending Work in Process Inventory	80% complete as to conversion)	8,200 units
Beginning Work in Process Inventory Costs:
	Material	$24,500
	Conversion	68,905
Current Period Costs:
	Material	$ 75,600
	Conversion	130,053

Refer to Wright Company.How many units were started and completed in the period?

Quizplus · Accepted Answer

Units started and completed in the period can be calculated by taking the total units started during the period, adding the beginning work in process units, and then subtracting the ending work in process units. Here, 120,000 units were started, and when we adjust for the beginning and ending inventories (adding 10,000 units at the beginning and subtracting 8,200 units at the end), we get 111,800 units that were both started and completed during the period.

Wright Company Wright Company Adds Material at the Start of Production.The Following