Question

LO 5.3There were 1,000 units in ending inventory after transferring 16,000 units to finished goods inventory. If the beginning inventory was 2,000 units, how many units were started in process?
1,000
2,000
15,000
17,000

Answer 1

Answer:

Units started in process  = 15,000  units

so correct option is C. 15,000

Explanation:

given data

beginning inventory = 2,000 units

ending inventory = 1000 units

transferring = 16,000 units

to find out

how many unit  started in process

solution

we get here number of units that is express as

Units started in process = ending inventory + transferring  - beginning inventory   ........................1

put here value we get

Units started in process  = 16000 + 1000 - 2000

Units started in process  = 15,000  units

so correct option is C. 15,000