Question

What is the missing amount in this physical flow of units? Work in process, August 1...

What is the missing amount in this physical flow of units?

Work in process, August 1 7,300 tons
Units started in August ?
Units completed during August 20,000
Work in process, August 31 2,300 tons

Multiple Choice

  • 12,700 tons

  • 15,000 tons

  • 10,400 tons

  • 29,600 tons

  • None of these answers is correct.

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Answer #1

Units completed during August=Beginning WIP+Units started in August-Ending WIP

20,000=7300+Units started in August-2300

Units started in August=20,000+2300-7300

=15000 tons

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