The "total physical units accounted for" is the sum of the units completed and transferred out during the period plus the units in ending WIP inventory.

Question

Quizplus · Accepted Answer

This statement is true. The total physical units accounted for represents all of the units that were started and entered into the production process during the period, including the units completed and transferred out as well as any units that are still in process and stored in the ending work in progress inventory.

The "Total Physical Units Accounted For" Is the Sum of the Units