Figure 6-6. The Martin Company uses the weighted average method.The beginning work in process consists of 6,000 units (100% completed as to materials and 50% complete as to conversion costs).The number of units completed was 120,000.The ending work in process consists of 10,000 units (100% complete as to materials and 20% complete as to conversion costs).
Refer to Figure 6-6.Calculate the number of units started during the period.
A)124,000
B)100,000
C)120,000
D)130,000

Question

Quizplus · Accepted Answer

The number of units started during the period is equal to the number of units completed plus the ending work in process minus the beginning work in process. In this case, the number of units started during the period is 120,000 + 10,000 - 6,000 = 124,000 units.