FIFO EUP In manufacturing its products, Trevano Corp. adds all direct material at the beginning of the production process. The companys direct labor and overhead are considered to be continuously at the same degree of completion. The company uses the FIFO method of process costing. September production information is as follows:

Beginning WIP Inventory	18,000	pounds
Started during September	45,000	pounds
Completed during September	57,600	pounds

As of September 1, the beginning WIP Inventory was 30 percent complete as to labor and overhead. On September 30, the ending WIP Inventory was 80 percent complete as to conversion.

a. What proportion of work needs to be performed on the beginning inventory units to complete them? Answer

70%

b. What are the equivalent units of production for direct material? Answer

pounds

c. What are the equivalent units of production for conversion? Answer

pounds