Part 2 Multiple Choice 1. Beginning inventory of goods in process was 3,000 units that were 40% complete as to labour and overhead. Fifteen thousand units were added to production. Five hundred units remained in process, each 60% complete. The equivalent units for labour and overhead were: a. 16,600 b. 17,100 C. 16,500 d. 18,900 2. Direct materials cost $8 per unit, direct labour is $6 per unit, and overhead is applied at 150% of direct labour cost. The 5,000 units of beginning goods in process were 100% complete as to materials, and 30% complete as to labour and overhead. The total production costs of the current time period assigned to the beginning units: a. cannot be determined from the information provided b. is $52,500 c. is $92,500 d. is $31,500