Question 6:aq.proc.c.005_1809 - medium - 4 Process Costing

A department adds raw materials to a process at the beginning of the process and incurs conversion costs uniformly throughout the process. For the month of January, there were 10,000 units in the Beginning Work-in-Process Inventory that were 80% complete; 90,000 units started into production in January; and 20,000 units that were 40% complete in the Ending Work-in-Process Inventory at the end of January. Using the FIFO method, what were the equivalent units of production for materials for the month of January?

A) 70,000 equivalent units

B) 100,000 equivalent units

C) 90,000 equivalent units

D) 80,000 equivalent units