Oasis Company adds all materials at the beginning of its manufacturing process. Production information for selected months of the year follows: Required: 1. Reconcile the number of physical units to find the missing amounts. Determine the number of units started and completed each month. Beginning Ending Work in Process Work in Process Conversion Conversion Units Complete Complete Units Units Started and Month Units (percent) Started Transferred Out (percent) Completed Units 24,300 February 1,600 48 19,100 6,800 21 68 38 June 5,100 24,000 25,300 3,800 3,100 58 September 2,800 25 25,700 25,400 4,900 December 3,200 34 22,700 21,000 78 2. Calculate the number of equivalent units for both materials and conversion for each month using the FIFO method. Equivalent Units Conversion Month Materials February June September December