Mannassass Company manufactures chairs. The following information was given for the company: Units, beginning work in process 6,000 Units started 20,000 Units completed ? Units, ending work in process 6,000 Cost of direct materials $440,000 Cost of conversion $64,000 Materials in the ending inventory were 100% complete, and conversion in the ending inventory was 20% complete. What are the units started and completed? a. 15,000 b. 8,000 c. 10,000 d. 7,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Mannassass Company manufactures chairs. The
following information was given for the
company: Units, beginning work in process
6,000 Units started 20,000 Units completed ?
Units, ending work in process 6,000 Cost of
direct materials $440,000 Cost of conversion
$64,000 Materials in the ending inventory were
100% complete, and conversion in the ending
inventory was 20% complete. What are the units
started and completed? a. 15,000 b. 8,000 c.
10,000 d. 7,000
Transcribed Image Text:Mannassass Company manufactures chairs. The following information was given for the company: Units, beginning work in process 6,000 Units started 20,000 Units completed ? Units, ending work in process 6,000 Cost of direct materials $440,000 Cost of conversion $64,000 Materials in the ending inventory were 100% complete, and conversion in the ending inventory was 20% complete. What are the units started and completed? a. 15,000 b. 8,000 c. 10,000 d. 7,000
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