In: Accounting
The Assembly Department started the month with 24,600 units in its beginning work in process inventory. An additional 309,600 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 29,600 units completed and transferred to the next processing department during the month. How many units were in its ending work in process inventory?
Multiple Choice
363,800
304,600
334,200
314,600
Units in ending work in process inventory = Beginning WIP+Units brought in - Units completed
= 24600+309600-29600
=304600
Correct option is the second one.