Muhares, Which Uses a Process-Costing System, Adds Material at the Beginning

Multiple Choice

Muhares, which uses a process-costing system, adds material at the beginning of production and incurs conversion cost evenly throughout manufacturing. The following selected information was taken from the company's accounting records:
Total equivalent units of materials: 8,000
Total equivalent units of conversion: 7,400
Units started and completed during the period: 6,500
On the basis of this information, the ending work-in-process inventory's stage of completion is:

A) 80%.
B) 70%.
C) 60%.
D) 40%.
E) some other percentage