Cost of goods manufactured is calculated as follows: Select one: a. Beginning WIP + direct materials used + direct labor + manufacturing overhead-ending WIP. b. Direct materials used + direct labor + manufacturing overhead - ending WIP-beginning WIP. c. None of the answers are correct d. Direct materials used + direct labor + manufacturing overhead - beginning WIP + ending WIP. e. Beginning WIP + direct materials used + direct labor + manufacturing overhead + ending WIP. Muscat factory had the following production data for the month of February WIP Units completed WIP beginning and Transferred ending out 2,000 30,000 16,000 Work in process ending that are 100% complete as to materials and 30% complete as to conversion costs The equivalent units of production for conversion costs for February is: Select one: O a. None of the answers are correct O b. 48,000 O c. 32,000 O d. 46,000 O e. 34,800