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How to solve The following data were taken from the accounting records of...

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Accounting

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The following data were taken from the accounting records of a company that uses the Weighted Average method in its process costing system:
Beginning work in process inventory: 20,000 units (materials 100% complete, conversion costs 60% complete)
Started in process during the period: 80,000 units
Ending work in process inventory: 30,000 units (materials 100% complete, conversion costs 70% complete)
The equivalent units are
materials, 80,000 units; conversion costs, 91,000 units.
materials, 100,000 units; conversion costs, 91,000 units.
materials, 100,000 units; conversion costs, 79,000 units.
materials, 80,000 units; conversion costs, 79,000 units.
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