Post Utme Coal City University 2025 Accounting Question 17
Practice objective / multiple choice question 17 from the 2025 Post Utme Coal City University Accounting examination.
A company has the following transactions related to its manufacturing operations: | Date | Description | Units Produced | Units Sold | Units in WIP | Units in Finished Goods | | --- | --- | --- | --- | --- | --- | | Jan 1 | Beginning balance | 0 | 0 | 500 | 0 | | Jan 15 | Production | 200 | 0 | 700 | 500 | | Feb 1 | Sale | 0 | 100 | 600 | 400 | | Mar 1 | Production | 300 | 0 | 900 | 600 | | Apr 1 | Sale | 0 | 150 | 750 | 450 | | May 1 | Production | 250 | 0 | 1000 | 750 | | Jun 1 | Sale | 0 | 200 | 800 | 550 | | Jul 1 | Production | 350 | 0 | 1150 | 800 | | Aug 1 | Sale | 0 | 250 | 900 | 550 | | Sep 1 | Production | 400 | 0 | 1300 | 900 | | Oct 1 | Sale | 0 | 300 | 1000 | 700 | | Nov 1 | Production | 450 | 0 | 1450 | 1000 | | Dec 1 | Sale | 0 | 350 | 1100 | 700 | What is the total number of units in work-in-progress (WIP) at the end of the year?
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About This Question
This is Post Utme Coal City University 2025 Accounting Question 17. It is one of the objective questions from the 2025 Post Utme Coal City University Accounting examination.
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