If beginning inventory consisted of 400 units, ending inventory was 600 units, and 7,700 units were started during the period, the number of units completed during the period was 8,700.

Question

Quizplus · Accepted Answer

The calculation to find the number of units completed during the period is:

Started - Ending Inventory + Beginning Inventory = Completed
7,700 - 600 + 400 = 7,500

Therefore, the correct answer is B) False. The number of units completed during the period was 7,500, not 8,700.

If Beginning Inventory Consisted of 400 Units, Ending Inventory Was