If beginning inventory in Work in Process is zero and 2,000 units are started during the period, assuming that 300 units remain in ending inventory, how many equivalent units were completed and transferred out?

Question

Quizplus · Accepted Answer

Since there was no beginning inventory, all 2,000 units started during the period are considered work in process. Therefore, the total number of equivalent units is 2,000 + 300 (ending inventory) = 2,300. Since 300 units remain in ending inventory, the number of equivalent units completed and transferred out is 2,300 - 300 = 2,000.

If Beginning Inventory in Work in Process Is Zero and 2,000