The following data are available for a company's manufacturing activities: Beginning Work in Process inventory5,000units75% completed as to conversionUnits started and completed15,000 Ending Work in Process inventory6,000units50% completed as to conversionIf materials are added when the production process begins and conversion costs are applied uniformly throughout the process, what are the equivalent units for direct materials and for conversion, respectively using the FIFO method of process costing?
A. 19,250 materials; 18,750 conversion.
B. 21,000 materials; 22,250 conversion.
C. 16,250 materials; 19,250 conversion.
D. 16,250 materials; 21,750 conversion.
E. 21,000 materials; 19,250 conversion.
Answer: E
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