Question: Ali Disk Company operates a computer disk manufacturing plant. Direct materials are added at the end of the process. The following data were presented for
Ali Disk Company operates a computer disk manufacturing plant. Direct materials are added at the end of the process. The following data were presented for August:
| Work in process, beginning inventory | 100,000 units |
| Transferred-in costs (100% complete) | |
| Direct materials (0% complete) | |
| Conversion costs (90% complete) | |
| Transferred in during current period | 300,000 units |
| Completed and transferred out | 350,000 units |
| Work in process, ending inventory | |
| Transferred-in costs (100% complete) | |
| Direct materials (0% complete) | |
| Conversion costs (65% complete) |
How many units must be accounted for during the period, assuming a FIFO cost flow?
a.400,000 units
b.359,000 units
c.300,000 units
d.275,000 units
e.450,000 units
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