The following data relate to the Forming Department of Jimbob Co. for a recent month: Number Conversion of Costs (Percent Complete) Units 9,000 Beginning work in process inventory Units started into 45,000 46,000 Units completed and transferred out Ending work in process inventory 8.000 All materials are added prior to the beginning of work in the Forming Department. 85. Assuming that Jimbob Co. uses the FIFO method, the equivalent units of production for materials would be? A. 45,000 units. B. 46,000 units. C. 48,000 units. D. 54,000 units. 86. Assuming that Jimbob Co. uses the FIFO method, the equivalent units of production for conversion costs would be? A. 42,600 units. B. 44,400 units. C. 46,000 units. D. 48,000 units. 89. In a process cost system, the cost of completed production in Department 1 is transferred to Department 2 by which of the following entries? A. debit Work in Process - Department 2, credit Cost of Goods Sold Department 1. B. debit Finished Goods, credit Work in Process Department 2. C. debit Work in Process Department 2, credit Finished Goods Department 1. D. debit Work in Process Department 2, credit Work in Process Department 1