The following unit data were assembled for the heating process of Morgan Processing Inc for the month of August. Direct materials are added at the beginning of the process. Conversion costs are added uniformly over the production process. The company uses the FIFO process costing method. Units Beginning work in process inventory (30 percent complete) 5,000 Units started in August 44,000 Ending
work in process (60 percent complete) 4,500 The number of equivalent units produced by Morgan Processing with respect to conversion costs is
A) 43,700.
B) 45,700.
C) 48,200.
D) 50,200.
B
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