Question

The last department in a production process shows the following information at the end of the...

The last department in a production process shows the following information at the end of the period:

Units
Beginning Work in Process 25900
Started into Production 248000
Ending Work in Process 49200


How many units have been transferred out to finished goods during the period?

297200.

273900.

248000.

222100.

  

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Answer #1

Answer :- Calculation of units that have been transferred out to finished goods during the period:-

Transferred out to finished goods = Beginning WIP + Started into production - Ending WIP

Transferred out to finished goods = 25,900 + 248,000 - 49,200

Transferred out to finished goods = $224,700

The correct answer is $224,700. This is the only possible answer which in not in the options.

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