Managerial accounting creating value in a dynamic business e

Managerial accounting: creating value in a dynamic business environment (9th ed). Problem 4-26 The answer to Work in Process June 30 is 60,000. How is this calculated? Is it Work in process, June 1 50,000 plus Units started during June 200,000 minus Units completed during June and transferred out to finished-goods inventory 190,000

Solution

Yes

In Process costing, Units in ending work in process is calculated as follows:

Work in Process, June 1 50,000 units
Add:Units started during June 200,000 units
Total 250,000 units
Less:Units completed and transferred out to finishsed goods inventory 190,000 units
Work in process, June 30 60,000 units
Managerial accounting: creating value in a dynamic business environment (9th ed). Problem 4-26 The answer to Work in Process June 30 is 60,000. How is this calc

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