There are no units in process at the beginning of the period, 500 units in process at the end of the period that are 30% complete, and 3,000 units transferred out during the period.Based on this information, there were 3,500 units started during the period under the weighted-average method.

Question

Quizplus · Accepted Answer

Under the weighted-average method, we consider the units started during the period as equivalent to the total units accounted for (i.e., units completed and transferred out plus units in ending work in process). 
So, using the given information: 
Units accounted for = Units in ending WIP (30% complete) + Units transferred out = 500 + 3000 = 3500 
Therefore, the answer is A - there were 3,500 units started during the period under the weighted-average method.

There Are No Units in Process at the Beginning of the Period