A company is using process costing with the first-in, first-out (FIFO) method and all costs are added evenly throughout the
manufacturing process, If there are 5,000 units in beginning work in process inventory 30% complete), 10,000 units in ending
work in process inventory 60% complete), and 25,000 units started in process this period, how many equivalent units are there
for this period?
a. 22,500 units.
b. 26,000 units.
c. 24,500 units.
d. 25,000 units.