Question

The Assembly Department started the month with 24,000 units in its beginning work in process inventory. An additional 309,000 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 29,000 units in the ending work in process inventory of the Assembly Department. How many units were transferred to the next processing department during the month

Answer 1

Answer:

Units transferred= 304,000 units

Explanation:

Giving the following information:

The Assembly Department started the month with 24,000 units in its beginning work in process inventory. An additional 309,000 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 29,000 units in the ending work in process inventory of the Assembly Department.

To calculate the number of units transferred, we need to use the following formula:

Units transferred= beginning inventory + units transferred for the month - ending inventory

Units transferred= 24,000 + 309,000 - 29,000

Units transferred= 304,000 units