Equivalent Units for a Process Costing System Using the FIFO

Multiple Choice

Equivalent units for a process costing system using the FIFO method would be equal to:

A) units completed during the period plus equivalent units in the ending work in process inventory.
B) units started and completed during the period plus equivalent units in the ending work in process inventory.
C) units completed during the period and transferred out.
D) units started and completed during the period plus equivalent units in the ending work in process inventory plus work needed to complete units in the beginning work in process inventory.