The Finishing Department had 5,000 incomplete units in its beginning Work-in-Pro

Question

The Finishing Department had 5,000 incomplete units in its beginning Work-in-Process Inventory, which were 100% complete as to materials and 30% complete as to conversion costs. 15,000 units were received from the previous department. The ending Work-in-Process Inventory consisted of 2,000 units, which were 50% complete as to materials and 30% complete as to conversion costs. The Finishing Department uses first-in, first-out (FIFO) process costing. How many units were started and completed during the period?
12,000
13,000
18,000
20,000

Explanation / Answer

on solving the above question the answer comes out to be equal to option C IE $18,000

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