8-58 (Algo) FIFO Method (LO 8-5) Breckenridge Corporation manufactures a part in a single production process in Department B. The company reports the following information about conversion costs for June: WIP at June 1 (67% complete) Units started and costs incurred during June Units completed and transferred to finished goods during June Units 60,000 320,000 Conversion Costs $ 134,600 941,675 270,000 ? Work-in-process ending inventory was 47 percent complete with respect to conversion costs. Breckenridge uses FIFO for product costing. Required: a-1. Compute the equivalent units for conversion costs. a-2. Compute the cost per equivalent unit for conversion costs. a-3. What was the conversion cost of work-in-process inventory in Department B on June 30? b. What were the conversion costs per equivalent unit produced last period and this period, respectively