The Assembling Department of Oberon, Inc had 11,000 units in process on December 1 and received 30,400 units from the Sewing Department
During the month, it completed 20,700 units and transferred them to the Packaging Department. Calculate the number of units accounted for by the Assembling Department for December. The company uses the FIFO method.
A) 20,700 units
B) 41,400 units
C) 11,000 units
D) 30,400 units
B .B)
transferred in - Amount transferred out
Accounted for = Beginning balance + Started and completed + In process
Accounted for = 11,000 units + 9,700 + 20,700 = 41,400 units
*Started and completed = Completed and transferred - Beginning balance
Started and completed = 20,700 - 11,000 = 9,700 units
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