19. At the beginning of the recent period, there were 900 units of product in a department, one-third completed. These units were finished and an additional 5,000 units were started and completed during the period. 800 units were still in process at the end of the period, one-fourth completed. Using the FIFO valuation method, the equivalent units produced by the department were: (Show work on this test paper.) A. 6,700 units. B. 5,900 units. C. 5,800 units. D. 6,100 units. E. 8,500 units. 20. Wilson Corporation uses a process cost accounting system. The company manufactured certain goods at a cost of $800 and sold them on credit to Are Corporation for $1,075. The complete journal entry to be made by Wilson at the time of this sale is: (Analytical-Showing Work Not Required) A. Accounts Receivable-Are Corporation Cost of Goods Sold Sales Finished Goods Inventory 1,075 800 1,075 800 B. Accounts Receivable-Are Corporation 1,075 Finished Goods Inventory 800 Sales 275 C. Cost of Goods Sold Sales Finished Goods Inventory D. Sales Accounts Receivable-Are Corporation Cost of Goods Sold Page 5 of 16 1,075 1,075 800 1,075 1,075 800