16) A company had 10,000 partially completed units in beginning work-in-process inventory. This period, after the 10,000 beginning inventory units were completed, another 50,000 units were started. At the end of the period, 15,000 units were in ending work-in-process inventory. How many units were completed and transferred out during this period? 40,000 ○ 45,000 50,000 ○ 55,000
16) A company had 10,000 partially completed units in beginning work-in-process inventory. This period, after the 10,000 beginning inventory units were completed, another 50,000 units were started. At the end of the period, 15,000 units were in ending work-in-process inventory. How many units were completed and transferred out during this period? 40,000 ○ 45,000 50,000 ○ 55,000
Chapter5: Process Costing
Section: Chapter Questions
Problem 12MC: The initial processing department had a beginning inventory of 750 units and an ending inventory of...
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
Transcribed Image Text:16) A company had 10,000 partially completed units in
beginning work-in-process inventory. This period, after
the 10,000 beginning inventory units were completed,
another 50,000 units were started. At the end of the
period, 15,000 units were in ending work-in-process
inventory.
How many units were completed and transferred out
during this period?
40,000
○ 45,000
50,000
○ 55,000
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