Blue Blaze adds direct materials at the beginning of its production process and adds conversion costs uniformly throughout the process. Given the following information from Blue Blaze’s records for July and using Steps 1 and 2 of the FIFO costing method, compute the equivalent units of production:

Units in beginning inventory...........3,000

Units started during the period ..........17,000

Units partially completed ............2,500

Percentage of completion of ending.........100% for direct materials;

Work in process inventory ............ 70% for conversion costs

Percentage of completion of beginning .......100% for direct materials;

Inventory................... 40% for conversion costs