Elmi Industries manufactures plastic toys. During October, Elmi's Fabrication Department started work on 10,000 models. During the month, the Coa 11,000 models, and transferred them to the Distribution Department. ended the month with 1.500 models in ending inventory. There wer beginning inventory. Al direct materials costs company complet 2,500 models in roductio , while ending work in process wa The company are added at the beginning of on cycle and conversion costs are added uniformly throughout the p process. The FIFO method of process was 25%complete as to conversion costs 50% complete-as to conversion costs. process costing is being followed. Beginning work in Beginning inventory: Direct materials costs $19,200 Conversion costs $10,800 Manufacturing costs added during the accounting period Direct materials costs $70,000 Conversion costs $240,000 23) How many of the units that were started and completed during October? A) 13,500 9)8.500(1,630 madots lav o5OD) C) 8,500 D) 10,000 24) What were the equivalent units for conversion costs during October? A) 10,125 B) 11,125 C) 12,125 D) 9,000 25) What is the amount of direct materials cost assigned to ending work-in-proces inventory at the end of October? A) $22,727 B) $17,202 C) $10,500 D) $11,500 26) What is the cost assigned to ending inventory during October? A) $26,678 B) $31,536 C) $36,000 D) $38,000 Inv 050D 30, 06D