In the month of June, a department had 23000 units in beginning work in process inventory that were 60% complete. During June, 87000 units were transferred into production from another department. At the end of June there were 10000 units in ending work in process inventory that were 40% complete as the conversion. Materials are added at the beginning of the process, while conversion costs are incurred uniformly throughout the process. How many units were transferred out in June? O 110000 units O 100000 units. O 77000 units 87000units

In the month of June, a department had 23000 units in beginning work in process inventory that were 60% complete. During June, 87000 units were transferred into production from another department. At the end of June there were 10000 units in ending work in process inventory that were 40% complete as the conversion. Materials are added at the beginning of the process, while conversion costs are incurred uniformly throughout the process. How many units were transferred out in June? O 110000 units O 100000 units. O 77000 units 87000units

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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