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The Assembly Department started the month with 26,000 units in its beginning work in process...

Question:

The Assembly Department started the month with 26,000 units in its beginning work in process inventory. An additional 311,000 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 31,000 units completed and transferred to the next processing department during the month. How many units were in its ending work in process inventory?

Work in Process:

Work in process in cost accounting is an account where the value of goods which are in the manufacturing process is maintained. These units have passed from the stage of raw materials and are undergoing conversion. Once converted into finished goods, the value of the goods completed is transferred out of work in process and into finished goods inventory.

Answer and Explanation: 1

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To calculate ending work in process we'll subtract the units completed and transferred out from the sum of beginning work in process and the...

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Work-in-Process Inventory Account: Definition & Example

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Chapter 5 / Lesson 4
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Learn about work-in-process inventory and understand how to use a work-in-process inventory account. See how to calculate work-in-process inventory with the formula.


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