What ending work-in-process inventory stage of completion

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Question - AAZU is considering various costs under process costing system. AAZU 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: 5,000

Total equivalent units of conversion: 4,400

Units started and completed during the period: 3,500

On the basis of this information, what the ending work-in-process inventory's stage of completion?

a. 40%.

b. 60%.

c. 70%.

d. 80%.

e. some other percentage not listed above.

Reference no: EM132899488

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