Question
If beginning inventory consisted of 22,500 units, ending inventory was 7,500 units, and 33,000 units were started during the period, how many units were completed and transferred out of the department to the next department?
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Answers
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Beg. Inv. 22,500
Add: 22,500 + 33,000 55,500
7,500
55,500 -7,500 Inv. 48,000
48,000 Completed & Transferred out Answer 48,000
Beg. Inv. 22,500
Add: 22,500 + 33,000 55,500
7,500
55,500 -7,500 Inv. 48,000
48,000 Completed & Transferred out Answer 48,000
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