In Step 1 of the process costing procedure, the "total units accounted for" is the sum of
A)the units completed and transferred out plus the units in ending WIP.
B)the units in ending WIP plus the units started in production during the month.
C)the units in beginning WIP plus the units in ending WIP.
D)the units in beginning WIP plus the units completed and transferred out.

Question

Quizplus · Accepted Answer

The "total units accounted for" in process costing is the sum of the units that have been completed and transferred out during the period, as well as the units that remain in ending work in process (WIP). It does not include units in beginning WIP or units started during the period. Therefore, option A is the correct answer.

In Step 1 of the Process Costing Procedure, the "Total