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)| 14,500units

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 weighted average is used?

Select one:

a. 114,400

b. 115,650

c. 113,525

d. 114,775