Jones Company uses the weighted-average method in its process costing system. The Packaging Department started the month with 400 units in process that were 70% complete, receiving 2,500 units from the Cutting Department. Jones Company had 200 units in process at the end of the period that are 40% complete. All materials are added at the beginning of the process and conversion is added uniformly. From the Packaging Department, units are transferred to Finished Goods. How many units were completed and transferred out of the Packaging Department?
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Home » Business » Jones Company uses the weighted-average method in its process costing system. The Packaging Department started the month with 400 units in process that were 70% complete, receiving 2,500 units from the Cutting Department.