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Use this information about Carmelita Inc, to answer the question that follow. Carmeita Inc. has the following information available: At the beginning of the period,
Use this information about Carmelita Inc, to answer the question that follow. Carmeita Inc. has the following information available: At the beginning of the period, there were 500 units in process that were 45% complete as to conversion costs and 100% complete as to direct materials costs. During the period, 4,600 units were started and completed. Ending inventory contained 400 units that were 35% complete as to conversion costs and 100% complete as to materiais costs. The company uses the FIFO process cost method. The equivelent units of production for direct materials and conversion costs, respectively, were a. 5.015 for drect materials and 5,000 for eonvervion costs b. 5,015 foe direct materials and 5,015 for weveraiue coste C. 4,600 fie direct materiale mad 5,915 for convension custe d. 5,000 for direct manerials and 5,015 for conversonti custe
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