Question

Kraus Steel Company has two departments, Casting and Rolling. In the Rolling Department, ingots from the Casting Department are rolled into steel sheet. The Rolling Department received 46,300 tons from the Casting Department in October. During October, the Rolling Department completed 54,000 tons, including 11,900 tons of work in process on October 1. The ending work in process inventory on October 31 was 4,200 tons.

Required:
How many tons were started and completed during October?

Answer 1

42,100 tons

Step-by-step explanation:

Units Completed = Beginning Work in Process Units Completed + Units started & Completed during October

54,000 = 11,900 + Units started & Completed during October

Units started & Completed during October = 54,000 - 11,900

Units started & Completed during October = 42,100

So, the number of tons were started and completed during October is 42,100 tons.