Mullins 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 700 Materials costs$11,500 Conversion costs$22,200 Percent complete with respect to materials 75%Percent complete with respect to conversion 65%Units started into production during the month 8,600 Units transferred to the next department during the month 7,800 Materials costs added during the month$159,300 Conversion costs added during the month$348,500 Ending work in process inventory:   Units in ending work in process inventory 1,500 Percent complete with respect to materials 65%Percent complete with respect to

conversion 50%What are the equivalent units for conversion costs for the month in the first processing department?

A. 9,300
B. 750
C. 7,100
D. 8,095


Answer: D

Business

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