Question 34. South River Chemicals Pty. Ltd. manufactures a product called Zybek. Direct materials are added at the beginning of the process and conversion activity occurs uniformly throughout the process. The following data pertain to the month of May. Direct Total Materials Conversion Cost Units Work in process, May 1 60% 15,000 Units started during May 60,000 Units completed and transferred out 68,000 Work in process, May 31 - 20% 7,000 Costs Work in process, May 1 $41,250 $16,500 $24,750 Costs incurred during May 234,630 72,000 162,630 Total $275,880 $88,500 $187,380 Using the weighted average method of process costing, calculate the equivalent units of direct materials for the month of May. A. 68,000 B. 69,400 C. 74,000 D*. 75,000 E. 75,400