Metaline Corp. uses the weighted average method for inventory costs and had the following information available for the year. Beginning Work in Process (50% complete, $3,000) 390 units Ending Inventory of Work in Process (90% complete) 590 units Total units started during the year. 5,100 units The number of units transferred to finished goods during the year is: a. 4,900 units. b. 5,100 units. c. 5,154 units. d. 5,826 units. e. 5,300 units.
Metaline Corp. uses the weighted average method for inventory costs and had the following information available for the year. Beginning Work in Process (50% complete, $3,000) 390 units Ending Inventory of Work in Process (90% complete) 590 units Total units started during the year. 5,100 units The number of units transferred to finished goods during the year is: a. 4,900 units. b. 5,100 units. c. 5,154 units. d. 5,826 units. e. 5,300 units.
Chapter10: Inventory
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
Transcribed Image Text:Metaline Corp. uses the weighted average method for inventory costs
and had the following information available for the year.
Beginning Work in Process (50% complete, $3,000) 390 units
Ending Inventory of Work in Process (90% complete) 590 units
Total units started during the year.
5,100 units
The number of units transferred to finished goods during the year is:
a. 4,900 units.
b. 5,100 units.
c. 5,154 units.
d. 5,826 units.
e. 5,300 units.
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