Gibson Corporation Gibson Corporation has the following information for the current month: Units started 100,00 units Beginning Work in Process: (35% complete) 20,000 units Normal spoilage (discrete) 3,500 units Abnormal spoilage 5,000 units Ending Work in Process: (70% complete) 14,500 units Transferred out 97,000 units Beginning Work in process Costs: Material $15.000 Conversion 10,000 All materials are added at the start of the production process. Gibson Corporation inspects goods at 75 percent completion as to conversion. Refer to Gibson Corporation. What are equivalent units of production for conversion costs, assuming FIFO? Select one: a. 108,650 O b. 108,900 O C. 103,900 d. 106,525