Anzalone Corporation Adds Raw Materials to Production at the Beginning

Multiple Choice

Anzalone Corporation adds raw materials to production at the beginning of the process in the Assembly Department. Materials data for this department for May 2018 are as follows: $$\begin{array} { | l | r | r | r | } \hline & & { \text { Costs } } \\\hline & \text { Units } & \text { Materials } & { \text { Conversion } } \\\hline \text { Work in process, May 1 } & 25,000 & \$ 68,750 & \$ 167,650 \\\hline \text { Started during May } & 100,000 & 300,000 & 903,350 \\\hline \text { Work in process, May 31 } & 10,000 & & \\\hline\end{array}$$ Beginning inventory was 70 percent complete. Ending inventory was 40 percent complete. How many equivalent units for conversion costs would there be for Anzalone Corporation in May using the FIFO method?

A) 100,000 units
B) 111,500 units
C) 125,000 units
D) 101,500 units