Ely Company had the following data for the current year:
$\begin{array}{llr}
\text {Units in process at the begmning of the month } &4,000\
\text { Units in process at the end of the month } &10,000\
\text { Units started during the month} &40,000
\end{array}$

Materials are added at the beginning of the process. Beginning work in process was 40 percent complete as to conversion. Ending work in process was 70 percent complete as to conversion.
-Refer to the figure.What is the number of units completed and transferred out during the period?
A)34,000 units
B)40,000 units
C)44,000 units
D)54,000 units

Question

Ely Company had the following data for the current year:
$\begin{array}{llr}
  \text {Units in process at the begmning of the month  } &4,000\
 \text { Units in process at the end of the month   } &10,000\
 \text {  Units started during the month} &40,000
\end{array}$

Materials are added at the beginning of the process. Beginning work in process was 40 percent complete as to conversion. Ending work in process was 70 percent complete as to conversion.
-Refer to the figure.What is the number of units completed and transferred out during the period?
A)34,000 units
B)40,000 units
C)44,000 units
D)54,000 units

Quizplus · Accepted Answer

To find the number of units completed and transferred out, we start with the total units accounted for, which is the sum of units started during the month and units in process at the beginning of the month. This total is 40,000 units started + 4,000 units in process at the beginning = 44,000 units. Since there are 10,000 units in process at the end of the month, the units completed and transferred out are 44,000 total units accounted for - 10,000 units still in process = 34,000 units.

Ely Company Had the Following Data for the Current Year