Haydn Corporation uses the weighted-average method in its process costing system. The ending work-in-process
inventory consists of 10,000 units. The ending work-in-process inventory is 100% complete with respect to
materials. The cost per equivalent unit for the period is $3.75 for material and $1.25 for conversion cost.
If the ending balance of work-in-process inventory account is $40,625, what is the percentage of completion
with respect to conversion cost in the ending work-in-process inventory account?
E. None of the above