Question

If 6,500 units were in beginning inventory, 23,000 units were started, and 6,000 units were in...

If 6,500 units were in beginning inventory, 23,000 units were started, and 6,000 units were in the ending inventory, how many units were transferred out?

Multiple Choice

  • 22,500 units

  • 23,500 units

  • 35,500 units

  • 23,000 units

Business   Accounting   
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Answer #1

Correct answer-------------23,500 units

Working

Reconciliation of Units
A Beginning WIP                     6,500
B Introduced                   23,000
C=A+B TOTAL                   29,500
D Ending WIP                     6,000
E=C-D Units transferred                   23,500
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