Closet Company had the following information for the month of December. All direct materials were one hundred percent complete, and beginning materials cost $32,700 Work in Process Inventory Beginning balance @ 12/1: 620 units, 10% Direct materials Depreciation Utilities completed Direct labor Overhead Property taxes Indirect labor Ending balance @ 12/31: 455 units, 20% completed Total equivalent units for materials under the FIFO method are calculated to be $ 36,000 84,000 Completed 1,150 units and transferred them to finished goods inventory $ 273,144 60,000 26,000 57,000 41,000 24,000 $ 54,856 Multiple Choice 1015 equivalent units 985 equivalent units 937 equivalent units