Beta Chemicals Company produces cleaning products using a continuous production process. During June 2024, the company started with 5,000 units in process, incurred additional costs of SAR 40,000, and ended with 7,000 units in process. Calculate the equivalent units of production for direct materials and conversion costs.

Requirements:

• Calculate the equivalent units of production for direct materials.
• Determine the equivalent units of production for conversion costs.
• Prepare a summary of equivalent units for June 2024.