Figure 5-11
Gill Ltd Beginning Inventory Was 70 Per Cent Complete

Multiple Choice

Figure 5-11
Gill Ltd. adds raw materials to production at the beginning of the process in the Assembly Department. Materials data for this department for March 2004 are as follows:
$\begin{array}{lrrr}&&\text { Costs }\\&\text { Units } & \text { Materials } & \text { Conversion } \\\text { Work in progress, March 1 } & 25,000 & £ 68,750 & £ 167,650 \\\text { Started during March } & 100,000 & 300,000 & 903,350 \\\text { Work in nrogress March } 31 & 10000 & &\end{array}$ Beginning inventory was 70 per cent complete. Ending inventory was 40 per cent complete.
-Refer to Figure 5-11. How many equivalent units for conversion costs would there be for Gill Ltd. in March using the FIFO method?

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