Blue Lake Water Company has two departments, Purifying and Bottling. The Bottling Department received 76,000 liters from the Purifying Department. During the period, the Bottling Department completed 74,000 liters, including 3,000 liters of work in process at the beginning of the period. The ending work in process was 5,000 liters. How many liters were started and completed during the period? a. 71,000 b. 69,000 c. 73,000 d. 79,000 The debits to Work in Process-Assembly Department for May, together with data concerning production, are as follows: May 1, work in process: 8,000 6,000 30,000 31,000 Materials cost, 3,000 units Conversion costs, 3,000 units, 66.7% completed Materials added during May, 10,000 units Conversion costs during May Goods finished during May, 11,500 units May 31 work in process, 1,500 units, 50% completed placed in process at the beginning of the process, and the first-in, first-out method is used All direct materials are to cost inventories. The materials cost per equivalent unit for May is a. $3.00 b. $3.80 c. $2.92 d. $2.31