Cost of goods manufactured equals $140,000 for 2020. Finished goods inventory is $5,000 at the beginning of the year and $6,500 at the end of the year. Beginning and ending work in process for 2020 are $2,000 and $8,000, respectively. How much is cost of goods sold for the year? O 146,500 0 145,000 O 140,000 O 138.500 Question 13 4.5 pts The Blending Department of Chase Company has the following production data: beginning work process 30,000 units (20% complete), started into production 62,000 units, completed and transferred out 70,000 units, and ending work in process 22.000 units (30% complete). Assuming conversion costs are incurred uniformly during the process, the equivalent units for conversion costs are: 68,600 equivalent units 76,600 equivalent units 78.000 equivalent units 0 68,000 equivalent units Question 14 4.5 pts Grimm Manufacturing is trying to determine the equivalent units for conversion costs with 15,000 units of ending work in process at 40% completion when there is a total 45,000 physical units. There are no beginning units in the department. Conversion costs occur evenly throughout the entire production period. What are the equivalent units for conversion costs for the current period? 0 45.000 O 36,000 O 51.000 O 60.000