Rawlings, Inc. manufactures a single product. All manufacturing costs are added uniformly at the same rate. There were 7,500 units in beginning work in process on January 1, which were 30% complete. During January, 26,750 units were completed and transferred to finished goods. There were 3,750 units that were 80 percent complete remaining in work-in-process at January 31. The equivalent units in January for direct materials using the weighted average method were:

26,750 units

37,250 units

None of the answers listed are correct

27,500 units

30,500 units

29,750 units

29,950 units

30,350 units