Question: Please explain the solution to this general accounting problem using the correct accounting principles. Gantner Company had the following department information about physical units and

Please explain the solution to this general accounting problem using the correct accounting principles.

Gantner Company had the following department information about physical units and percentage of completion: Physical Units Work in process May1 (60%) 48,000 Completed and transferred out | 120,000 Work in process, May 31 (40%) | 40,000 If materials are added at the beginning of the production process, what is the total number of equivalent units for materials during May? A. 155,200 B. 136,000 C. 168,000 D. 160,000

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