During the accounting period， 20,000 units were completed and transferred to finished goods. The Beginning goods in process were 4000, which were 60% complete as labor and overhead. 1000 units remain in process and are 80% completed. The number of units started during the accounting period was? (Answer = 2000)

During the accounting period， 20,000 units were completed and transferred to finished goods. The Beginning goods in process were 4000, which were 60% complete as labor and overhead. 1000 units remain in process and are 80% completed. The number of units started during the accounting period was? (Answer = 2000)

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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