[3] An equivalent unit of direct materials or conversion cost is equal to

A. The amount of direct materials or conversion cost necessary to complete one unit of

production.

B. A unit of work-in-process inventory.

C. The amount of direct materials or conversion cost necessary to start a unit of

production in work-in-process.

D. Fifty percent of the direct materials or conversion cost of a unit of finished goods

inventory (assuming a linear production pattern).