Xin Co ,Had 3,000 Units of Work in Process on April

question 67

Multiple Choice

Xin Co. ,had 3,000 units of work in process on April 1 that were 60% complete.During April,10,000 units were completed and as of April 30,4,000 units that were 40% complete remained in production.How many units were started during April?

• A)8,600.
• B)9,800.
• C)11,000.
• D)12,200.
• E)None of thesE.

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Definitions:

Labor

The physical and mental effort used to produce goods and services.

Human Creations

Innovations, artworks, processes, and inventions that result from human imagination and intellect.

Capital

Resources made and used by people to produce and distribute goods and services, including buildings, machinery, and equipment.

Entrepreneurial Ability

The imagination required to develop a new product or process, the skill needed to organize production, and the willingness to take the risk of profit or loss