The Assembling Department of Oberon,Inc.had 11,000 units in process on December 1 and received 30,400 units from the Sewing Department.During the month,it completed 20,700 units and transferred them to the Packaging Department.Calculate the number of units accounted for by the Assembling Department for December.The company uses the FIFO method.

Question

Quizplus · Accepted Answer

B)
 11ea86d6_836e_79d9_92b6_0f459d6798cc_TB2804_00 transferred in - Amount transferred out
 11ea86d6_836e_79da_92b6_6be55c98b26f_TB2804_00 Accounted for = Beginning balance + Started and completed + In process
Accounted for = 11,000 units + 9,700 + 20,700 = 41,400 units
*Started and completed = Completed and transferred - Beginning balance
Started and completed = 20,700 - 11,000 = 9,700 units