Anzalone Corporation adds raw materials to production at the beginning of the process in the Assembly Department. Materials data for this department for May are as follows: Costs Units Materials Conversion Work in process, May 1 25,000 $ 68,750 $167,650 Started during May 100,000 300,000 903,350 Work in process, May 31 10,000 Beginning inventory was 70% complete (conversion). Ending inventory was 40% complete (conversion). How many equivalent units for conversion costs would there be for Anzalone Corporation in May using the FIFO method? a. 100,000 units b. 111,500 units c. 125,000 units d. 101,500 units