13. New Image Sports uses a process-costing system. For March, the company had the following activities: Beginning work-in-process inventory (1/3 complete) Units placed in production Good units completed Ending work-in-process inventory Cost of beginning work in process Direct material costs, current Conversion costs, current 7,200 units 28,800 units i 21,600 units 12,000 units $ 6,000 $21.600 $14,400 and is detected at the end of the process. Ending WIP is 60% completed as to conversion. Direct materials are placed into production at the beginning of the process. All spoilage is normal Other information: Equivalent Units Beginning work in process Started and completed Normal spoilage Direct Materials 0 14,400 Work in process, ending 2,400 12,000 28,800 $0.75 Conversion 4,800 14,400 2,400 7,200 28,800 Total Equivalent-unit costs $0.50 Total cost of good units completed and transferred out under FIFO method was: A) S 29,400 B) $18,000 C) $11,400 D) $8,400 E) None of the above