Managerial Accounting: E3-4 Physical Flow of Units

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Managerial Accounting
Exercise 3-4. Physical Flow of Units
In each case below, fill in the missing amount.
Case #1 Work in process, October 1 5,000 gallons
Units started during October ?
Units completed during October 15,000 gallons
Work in process, October 31 2,000 gallons

Case #2 Work in process, March 1 16,000 tons
Units started during March 3,500 tons
Units completed during March 14,400 tons
Work in process, March 31 ?

Case #3 Work in process, December 1 250,000 pounds
Units started during December 900,000 pounds
Units completed during December ?
Work in process, December 31 350,000 pounds
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