Please show the work

Calculate the Equivalent units using FIFO from the following data Honeybutter, Inc. manufactures a product that goes through two departments prior to completion. The following information is available about work in the first department, the Mixing Department, during June Materials % Units Conversion 40% 70,000 460,000 Work-in-process, Beginning Started into production Completed and transferred out Work-in-process, Ending 80,000 % 25% Materials Conversion $36,550 391,850 $287,300 $13,500 Work-in-process, Beginning Costs added during June Note: There are two options for calculating the Equivalent Units See if you can get the same values for both material and conversion equivalent units with both options. See Chapter 4 FIFO PowerPoint Slides if you need more info Option 1 - Beginning Work-in-Process units TO BE Completed Plus Units STARTED and COMPLETED Plus Ending Work-in-Process Option 2- Units Transferred out Plus Ending Work-in-Process Minus Beginning Work-in-Process