Question

If 120,000 units are started into production there was no beginning work in process, and

40,000 units are in process at the end of the period, how many units were completed and
transferred out?
A) 120,000.
B) 40,000.
C) 80,000.
D) 160,000.

Answer 1

All 120,000 units started into production are considered completed and transferred out. The correct option is: A) 120,000.

Step-by-step explanation:

To determine the number of units completed and transferred out, we need to calculate the number of units in process at the beginning of the period. Since there was no beginning work in process, all 120,000 units started into production are considered completed and transferred out.