Assume the following information: Milling Department Units Percent Complete Materials Conversion Beginning work in process inventory 200 40% 30% Units started into production during March 6,200 Units completed during the period and transferred to the next department 5,800 100% 100% Ending work in process inventory 600 ?% 60% Milling Department Materials Conversion Cost of beginning work in process inventory $ 10,000 $ 15,000 Costs added during the period 290,000 385,000 Total cost $ 300,000 $ 400,000 If the cost per equivalent unit for materials is $48.23 using the weighted-average method, then the percent complete with respect to the materials in ending work in process inventory is closest to:

Multiple Choice

40%.

60%.

70%.

50%.