The Bottling Department of Mountain Springs Water Company had 4,500 liters in beginning work in process inventory (20% complete). During the period, $9,200 liters were completed. The ending work in process inventory was 3,000 liters (65% complete). All inventories are costed by the first in, first-out method. What are the equivalent units for conversion costs under the FIFO method? equivalent units The cost of direct materials transferred into the Bottling Department of the Mountain Springs Water Company is $970,300. The conversion cost for the period in the Bottling Department is $385,000. The total equivalent units for direct materials and conversion are 31,300 liters and 7,700 liters, respectively, Determine the direct materials and conversion cost per equivalent unit. Cost per equivalent unit of materials Cost per equivalent unit of conversion In the manufacture of 9,700 units of a product, direct materials cost incurred was $176,400, direct labor cost incurred was $112,500, and applied factory overhead was 542,400. What is the total conversion cost? Oa: $126.400 Ob. 331.00 Oc. 542.400 Od. $154,900