Answer :
Final answer:
Given that 20,000 units are started into production, and at the end, there are 12,000 units that are in process, and there is no beginning inventory of work in process, the total units completed and transferred out would be the difference between the two amounts, which is 8,000 units.
Explanation:
If the company started with 20,000 units into production and ended with 12,000 units in progress, then the number of units that were completed and transferred out of the company is the difference between the units started in production and the units still in process. Since there was no beginning work in process inventory, this can be calculated simply as 20,000 - 12,000 units, resulting in 8,000 units.
This type of problem applies to the principle of mass balance, a concept commonly applied in production and manufacturing processes. In this case, the 'mass' usually refers to the quantity of certain product units.
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