Option D. 385,950

Option E. 392,850

Richards Corporation uses the FIFO method of process costing. The following information is available for October in its Fabricating Department: Units: Beginning Inventory: 89.000 units, 80% complete as to materials and 25% complete as to conversion. Units started and completed: 259,000. Units completed and transferred out: 348.000. Ending Inventory: 34.500 units, 30% complete as to materials and 10% complete as to conversion. Costs: Costs in beginning Work in Process - Direct Materials: $37,200. Costs in beginning Work in Process - Conversion: $79.700. Costs incurred in October - Direct Materials: $646.800. Costs incurred in October - Conversion: $919,300. Calculate the equivalent units of conversion. Multiple Choice 259.000 329.200 296,050