Answer:
Physical Units in January 14,900
Physical Units in May 23,220
Explanation:
The question is to compute physical units for January and May for Shady Company based on the given information
Physical Units (Also known as the units to be accounted for)
= The Opening Workin Progress + The Units Started into Production
Note that this Units should also be equal to the following
= Units Transferred Out + the Ending Work in Progress units
It is therefore computed as follows:
Description January May
Units to be accounted for 0 0
Opening WIP
Started into Production 14,900 23,220
January (11,900 + 3,000)
May (15,600 + 7,620)
<u>Total Units 14,900 23,200</u>
Units accounted for
Units Transferred out 11,900 15,600
Closing Work in Progress 3,000 7,620
<u>Total Units 14,900 23,200</u>
