Landry Co. had the following information for the month of December. All direct materials were one hundred percent complete, and beginning materials cost $21,700 Work in Process Inventory Beginning balance 12/1: 400 Completed 1,040 units and transferred them units, 10% completed Direct materials Direct labor Overhead Property taxes $25,000 to finished goods inventory $211,590 73,000 49,000 15,000 46,000 30,000 13,000 Depreciation Utilities Indirect labor Ending balance 12/31: 400 units, 20% completed $39,410 Total equivalent units for materials under the FIFO method are calculated to be: 4 Multiple Choice 968 equivalent units 1,070 equivalent units 1,440 equivalent units 1,040 equivalent units 992 equivalent units 5 Stoltenberg Co. had the following information for the month of June Nork In process beginming Inventory, une13:00 units 4,000 units 13,000 units 3,000 units Units transferred in Work in process ending inventory, June 30 Beginning work-in-process inventory is 30 percent complete as to conversion. Ending work-in-process inventory is 50 percent complete as to conversion. Materials are added at the end of the process The equivalent units for transferred-in costs under the FIFO method are calculated to be: 5 Multiple Choice 6,000 13,000 10,000. 17,000 11,500