Casa Blanca began operations on January 1 of the current year. The company uses a process costing system and conversion cost incurred evenly throughout manufacturing. By January 31, the firm had completed 56,000 units. Which of the following statements could be true about the ending work- in-process (WIP) inventory if equivalent units for conversion cost totalled 68,000 units? Multiple Choice Some other answer The ending WIP inventory of 10,000 physical units was 30% complete There is no ending WIP inventory o The ending WIP inventory of 20,000 physical units was 60% complete The ending WIP Inventory amounted to 4,000 physical units Excel Athletics manufactures polo shirts. The company uses a job-order costing system. During March, the following costs were incurred on Job Z: direct materials $13,000 and direct labour $4,800. In addition, shipping costs of $6,000 were incurred on the job. Manufacturing overhead was applied at the rate of $25 per machine-hour and Job Z required 800 machine-hours. If Job Z consisted of 5,000 shirts, what was the Cost of Goods Sold per shirt? Multiple Choice $7.56 O $5.50 o some other answer d $8.76 $6.40