Question 14 Saved Department R had 5,000 units in work in process that were 85% completed as to conversion cost at the beginning of the period, 30,000 units of direct materials were added during the period, 32,000 units were completed during the period, and 3,000 units were 60% completed as to conversion cost at the end of the period. All materials are added at the beginning of the process. The first-in, first-out method is used to cost inventories. The number of equivalent units of production for conversion costs for the period was: a) 29,450; b) 32,550; c) 29,550; d) 33,050