Question

The assembly department started the month with 14,000 units in its beginning work in process inventory. An additional 296,000 units were transferred in from the prior department during the month to begin processing in the assembly department. There were 14,000 units in the ending work in process inventory of the assembly department. How many units were transferred to the next processing department during the month?

1) 293,000
2) 296,000
3) 310,000
4) 324,000

Answer 1

The number of units transferred out to the next department is calculated by adding the beginning work in process inventory with the units transferred in, and then subtracting the ending work in process inventory, resulting in 310,000 units.

Step-by-step explanation:

The question asked is relating to calculating the number of units transferred to the next processing department during a month in the assembly department. The assembly department started with a beginning work in process inventory of 14,000 units. Throughout the month, an additional 296,000 units were transferred in from the previous department. By the end of the month, there were 14,000 units left as the ending work in process inventory. To calculate the number of units transferred to the next department, we need to subtract the ending inventory from the sum of the beginning inventory and the units transferred in.

Calculating the units transferred out:

• Beginning work in process inventory = 14,000 units
• Units transferred in = 296,000 units
• Ending work in process inventory = 14,000 units
• Units transferred out = (Beginning work in process inventory + Units transferred in) - Ending work in process inventory
• Units transferred out = (14,000 + 296,000) - 14,000
• Units transferred out = 310,000 units

Hence, the number of units transferred to the next processing department during the month is 310,000.