During the accounting period, 20,000 units were completed and transferred to finished goods. The beginning goods in process were 4,000, which were 60% complete as labour and overhead. 1,000 units remain in process and are 80% completed. The number of units started during the accounting period was: a. 17,000 units b. 20,000 units c. 18,500 units d. 21,000 units

During the accounting period, 20,000 units were completed and transferred to finished goods. The beginning goods in process were 4,000, which were 60% complete as labour and overhead. 1,000 units remain in process and are 80% completed. The number of units started during the accounting period was: a. 17,000 units b. 20,000 units c. 18,500 units d. 21,000 units

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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