13. (LO 5) Toney Company uses the FIFO method to calculate equivalent units. It has unit costs of S10 for materials and $30 for conversion costs. If there are 2,500 units in ending work in process, 100% complete in terms of materials and 40% complete in terms of conversion costs, the total cost assignable to the ending work in process inventory is 1. a. $45,000 2. b. $55,000 3. c. $75,000 4. d. $100,000