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What is the number of units completed and transferred out

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Reference no: EM132771696

Cap Company had the following data for 2021:

Units in process at the beginning of the month 2,000

Units in process at the end of the month 5,000

Units started during the month 20,000

  • Materials are added at the beginning of the process.
  •  Beginning work-in-process was 40 percent complete as to conversion.
  •  Ending work-in-process was 70 percent complete as to conversion.

Problem 1: What is the number of units completed and transferred out during the period?

A. 15,000

b. 20,000

c. 22,000

d. 16,200

e. 17,000

Problem 2: How many equivalent units for materials would there be using the FIFO method?

a. 22,000

b. 18,500

c. 15,000

d.20,000

Reference no: EM132771696

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