Units completed and transferred out: 50,000 units

Units in Ending Work in Process Inventory:

Direct Materials 15,000 units that are 100% complete with respect to direct material

Conversion 15,000 units that are 60% complete as to conversion cost

Cost per equivalent unit:

Direct material $2.71 per unit

Conversion cost $3.92 per unit

The total cost of the ending work-in-process inventory equals:

		$75,930.
		$93,570.
		None of these.
		$87,690.
		$99,450.