Hollywood North Magic, a cosmetic manufacturer, began operations in January. During the first month of operations, $60,000 was incurred for direct materials and $80,000 was incurred for conversion costs. During January, 30,000 litres of cosmetics were started and 6,000 litres were unfinished at the end of the month. Ending work-in-process was 45% completed. All inputs are added evenly throughout the production process.

 Calculate the equivalent units for conversion costs in January using the FIFO method.

Question 4 options:

	24,000 litres
	26,700 litres
	30,000 litres
	36,000 litres