Computing equivalent units of production Using the data given for Cases 13 below, and assuming the use of the average cost method, compute the separate equivalent units of production-one for materials and one for labor and overheadunder each of the following assumptions (labor and factory over. head are applied evenly during the process in each assumption): Assumptions: a. All materials go into production at the beginning of the process. b. All materials go into production at the end of the process. (Note that this would have to be a department subsequent to the first department for all materials to be added at the end of the process.) c. At the beginning of the process, 75% of the materials go into production and 25% go into production when the process is one-half completed. Note that you will have three solutions for each of the following cases: Case 1-Started in process 5,000 units; finished 3,000 units; work in process, end of period, 2,000 units, three-fourths completed. Case 2-Opening inventory 5,000 units, three-fifths completed; started in process 40,000 units; finished 39,000 units; work in process, end of period, 6,000 units, one-fourth completed. Case 3-Opening inventory 1,000 units, one-half completed, and 8,000 units, one-fourth completed; started in process 30,000 units; finished 29,000 units; closing inventory work in process 5,000 units, one-fourth completed, and 5,000 units, one-half completed