During May, the production department of a process manufacturing system completed a number of units of a product and transferred them to finished goods.
During May, the production department of a process manufacturing system
completed a number of units of a product and transferred them to finished goods. Of these transferred units, 37,800 were in process in the production department at the beginning of May and 154,800 were started and completed in May. May’s beginning inventory units were 75% complete with respect to materials and 25% complete with respect to conversion. At the end of May, 51,600 additional units were in process in the production department and were 75% complete with respect to materials and 20% complete with respect to conversion. The production department had $487,080 of direct materials and $406,287 of conversion cost charged to it during May. Its beginning inventory included $74,375 of direct materials cost and $28,793 of conversion cost.
1. Compute the number of units transferred to finished goods.
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