compute the physical units transferred out and in process for each department 618732
Sismondi Company has a process cost accounting system. During May, the Assembly and Finishing Departments had the following data concerning physical units:
Assembly:
Work in process, May 1 |
3,000 |
Started into process during the month |
65,000 |
Work in process, May 31 |
7,000 |
Finishing:
Work in process, May 1 |
6,000 |
Transferred in from Assembly Department during the month |
? |
Work in process, May 31 |
4,000 |
Instructions
Compute the physical units transferred out and in process for each department.