Compute the Work-in-Process transferred to the finished goods warehouse on April 30 using the following information:

Question

Quizplus · Accepted Answer

To find the answer, we need to determine the units that were completed during April. We start with the units in process on April 1, which is given as 200. Then, we add the total units started during April (800) to get the total units to account for (1,000). 
Next, we need to subtract the units in process on April 30, which is given as 300. This gives us the total units completed during April, which is 700.
We multiply the total units completed by the cost per unit to get the cost of goods completed during April:
700 units x $1 per unit = $700.
Therefore, the correct answer is C) $700.

Compute the Work-In-Process Transferred to the Finished Goods Warehouse on April