How many units were started and completed


Response to the following problem:

Willow Corp uses a FIFO process costing system. Beginning inventory for January consisted of 1,000 units that were 40% completed. 10,000 units were started into the process during January. On January 31, the inventory consisted of 500 units that were 70% completed. How many units were started and completed during the period?

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Cost Accounting: How many units were started and completed
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