A product requires processing in two departments, the Baking Department and then the Packaging Department, before it is completed. Costs transferred out of the Baking Department will be transferred to: Cost of Goods Sold. Finished Goods Inventory. Manufacturing Overhead. Work in Process-Packaging Department. Question 16 4.5 pts If there are 20,000 units in a process that are 70% complete, this equals: 6.000 equivalent units of production. 20,000 equivalent units of production. O 8.000 equivalent units of production. 14,000 equivalent units of production. Question 17 4.5 pts A department adds raw materials to a process at the beginning of the process and incurs conversion costs uniformly throughout the process. For the month of January, there were no units in the beginning work in process inventory; 90,000 units were started into production in January; and there were 20,000 units that were 40% complete in the ending work in process inventory at the end of January. What were the equivalent units of production for materials for the month of January? 98,000 equivalent units. 82.000 equivalent units. 70,000 equivalent units. O 90,000 equivalent units