Sumter Corporation uses the weighted-average method in its process costing system. The following data pertain to operations in the first processing department for a recent month:

-How many units were started into production during the month?
A) 68,000 units
B) 84,000 units
C) 72,000 units
D) 56,000 units

Question

Sumter Corporation uses the weighted-average method in its process costing system. The following data pertain to operations in the first processing department for a recent month:
 
-How many units were started into production during the month?
A) 68,000 units 
B) 84,000 units 
C) 72,000 units 
D) 56,000 units

Quizplus · Accepted Answer

Units started into production or transferred in = Units in ending work in process inventory + Units completed and transferred out - Units in beginning work in process inventory
Units started into production or transferred in = 8,000 + 70,000 - 6,000 = 72,000

Sumter Corporation Uses the Weighted-Average Method in Its Process Costing