In the month of June, a department had 23000 units in beginning work in process inventory that were 60% complete. During June, 87000 units were transferred into production from another department. At the end of June there were 10000 units in ending work in process inventory that were 40% complete as the conversion. Materials are added at the beginning of the process, while conversion costs are incurred uniformly throughout the process. How many units were transferred out in June? O 110000 units O 100000 units. O 77000 units 87000units

In the month of June, a department had 23000 units in beginning work in process inventory that were 60% complete. During June, 87000 units were transferred into production from another department. At the end of June there were 10000 units in ending work in process inventory that were 40% complete as the conversion. Materials are added at the beginning of the process, while conversion costs are incurred uniformly throughout the process. How many units were transferred out in June? O 110000 units O 100000 units. O 77000 units 87000units

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 4EA: There were 1,700 units in beginning inventory that were 40% complete with regard to conversion....

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