The Finishing Department had 6.000 incomplete units in its beginning Work in Process Inventory which were 100% complete as to materials and 30% complete as to conversion costs 18,000 units were received from the previous department The ending Work-in Process Inventory consisted of 2,350 units which were 50% complete as to materials and 30% complete as to conversion costs The Finishing Department uses first-in. first-out (FIFO) process costing How many units were started and completed during the period?

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter3: Process Cost Systems
Section: Chapter Questions
Problem 5E: The Converting Department of Worley Company had 2,400 units in work in process at the beginning of...
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The Finishing Department had 6.000 incomplete units in its
beginning Work in Process Inventory which were 100%
complete as to materials and 30% complete as to
conversion costs 18,000 units were received from the
previous department The ending Work-in Process
Inventory consisted of 2,350 units which were 50%
complete as to materials and 30% complete as to
conversion costs The Finishing Department uses first-in.
first-out (FIFO) process costing How many units were
started and completed during the period?
Transcribed Image Text:The Finishing Department had 6.000 incomplete units in its beginning Work in Process Inventory which were 100% complete as to materials and 30% complete as to conversion costs 18,000 units were received from the previous department The ending Work-in Process Inventory consisted of 2,350 units which were 50% complete as to materials and 30% complete as to conversion costs The Finishing Department uses first-in. first-out (FIFO) process costing How many units were started and completed during the period?
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