Ozdemir Corporation uses the FIFO method in its process costing system. Data concerning the first processing department for the most recent month are listed below: Beginning work in process inventory: Units in beginning work in process inventory 300? Materials costs$2000? Conversion costs$700? Percent complete with respect to materials 55?%Percent complete with respect to conversion 10?%Units started into production during the month 5200? Units transferred to the next department during the month 4700? Materials costs added during the month$76,800? Conversion costs added during the month$130,800? Ending work in process inventory: Units in ending work in process inventory 800? Percent complete with respect to materials 85?%Percent
complete with respect to conversion 70?%What are the equivalent units for conversion costs for the month in the first processing department?
A. 560
B. 5500
C. 5230
D. 4400
Answer: C
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