Question - Justin Company had the following data for the current fiscal period:
Units in process at the beginning of the month - 6,000
Units in process at the end of the month - 4,000
Units started during the month - 20,000
Materials are added at the beginning of the process. Beginning work-in-process was 40 percent complete as to conversion. Ending work-in-process was 70 percent complete as to conversion.
Calculate the number of units completed and transferred out during the period?