1. Olsen Company processes lumber into a product called medium density fiberboard.

   For the month of February, it had 10,000 square feet of medium density fiberboard in process at the beginning of the month. These units were 60% complete with respect to conversion costs. Another 200,000 square feet were put into process during February, and 10,000 square feet were still in process at the end of February. These ending WIP units were 40% complete with respect to conversion costs.

   All direct materials are added when conversion costs are 50% complete. Using the FIFO method, what are total equivalent units with respect to direct materials in February?

   	a.	198,000 square feet
   	b.	190,000 square feet
   	c.	200,000 square feet
   	d.	194,000 square feet