Question - The ledger of Hasgrove Company has the following work in process account.
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Work in Process - Painting
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3/1
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Balance
|
3,680
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3/31
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Transferred out
|
?
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|
3/31
|
Materials
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6,600
|
|
|
|
|
3/31
|
Labor
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2,400
|
|
|
|
|
3/31
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Overhead
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1,150
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|
|
|
|
3/31
|
Balance
|
?
|
|
|
|
Production records show that there were 800 units in the beginning inventory, 30% complete, 1,100 units started, and 1,500 units transferred out. The units in ending inventory were 40% complete. Materials are entered at the beginning of the painting process. Hasgrove uses the FIFO method to compute equivalent units.
Answer the following question - How many units are in process at March 31?