Question

Kraus Steel Company has two departments, Casting and Rolling. In the Rolling Department, ingots from the Casting Department are rolled into steel sheet. The Rolling Department received 65,800 tons from the Casting Department in October. During October, the Rolling Department completed 74,900 tons, including 15,000 tons of work in process on October 1. The ending work in process inventory on October 31 was 5,900 tons. How many tons were started and completed during October?

Answer 1

Answer:

The units started and completed is 59,900 tons

Explanation:

The computation of the number of tons started and completed during October is shown below:

Units Completed = Beginning Work in Process Units Completed + Units started and Completed

74,900 units = 15,000 tons + Units started and Completed

So, the units started and completed is

= 74,900 tons - 15,000 tons

= 59,900 tons

Hence, the units started and completed is 59,900 tons