1) How are the EUP for a period used to compute the cost of ending work-in-process inventory?

A. They are not used to compute ending WIP cost.

B. Multiply EUP by per-unit cost and then divide by total work-in-process ending inventory.

C. Multiply cost per equivalent unit by ending work-in-process inventory to compute total ending inventory cost.

D. Divide EUP for a period into the total cost for a period to compute unit cost. Then multiply EUP in EWIP by this unit cost.

2) Process costing is used to account for a production cycle. Beginning work-in-process consisted of 20,000 physical units that were 60% complete as to conversion costs. During the year, 60,000 units were completed. The ending work-in-process was 64% complete as to conversion costs. Under the FIFO method, the EUP for conversion costs for the year were 76,000. What was the number of units in EWIP?

A. 43,750

B. 25,000

C. 91,750

D. 60,000