1. Maple Leaf Coffee Company has a beginning Work-in-Progress (WIP) Inventory of 4,000 units, and its degree of completion was 100% for Direct Materials (DM) and 80% for Conversion Costs (CC). During the period, Maple started 16,000 units and a total of 18,000 units were completed and removed from WIP Inventory. The ending Inventory of WIP was 2,000 units with a degree of completion as 100% of Direct Materials. The company uses the First-In, First-Out (FIFO) method, and the total equivalent units of Conversion Costs for the period was 16,000 units. Find the degree of completion for Conversion Costs of ending WIP Inventory.

   		30%
   		40%
   		60%
   		70%