At the end of January, Monroe Industries had completed 65,000 units and left 8,000 units in Work In process, 60% complete with respect to materials and 80% complete with respect to conversion. How many equivalent units will be used to determine the cost per equivalent unit for materials?
A) 66,600
B) 68,200
C) 69,800
D) 71,400
Correct Answer:
Verified
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