A department began the month with 8,000 units in work in process inventory. These units were \(100 \%\) complete for direct materials and \(40 \%\) complete for conversion.
During the month, the department started 56,000 units and completed and transferred out 58,000 units. Ending work in process inventory is 6,000 units, \(80 \%\) complete for direct materials and \(70 \%\) complete for conversion. The FIFO method of process costing is used.
1. Compute units started and completed this month.
2. Compute the department's equivalent units of production for the month for direct materials and for conversion.