Rae Company Began the Recent Month with 3,000 Units in Their

Multiple Choice

Rae Company began the recent month with 3,000 units in their work in process inventory. During the month Rae started 12,000 units into production and ended the month with 2,000 units in their work in process inventory which were 20% complete. Rae's equivalent units of production for conversion costs were 13,400 units for the month. What was the percentage that that beginning work in process had been completed as of the beginning of the month?

A) 60%
B) 40%
C) 20%
D) It can't be determined given the information.