Kraus Steel Company has two departments, Casting and Rolling. In the Rolling Department, ingots from the Casting Department are rolled into steel sheet. The Rolling Department received 72,700 tons from the Casting Department in October. During October, the Rolling Department completed 75,100 tons, including 8,200 tons of work in process on October 1. The ending work in process inventory on October 31 was 5,800 tons. How many tons were started and completed during October?

66,900 tons

Explanation:

Calculation for How many tons were started and completed during October

Using this formula

Tons started and completed during October

= Units completed - Beginning work in process units completed

Let plug in the formula

Tons started and completed during October= 75,100 tons - 8,200 tons

Tons started and completed during October= 66,900 tons

Therefore the numbers of tons that were started and completed during October will be 66,900 tons

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