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! Required information [The following information applies to the questions displayed below.] The following refers to units processed by an ice cream maker in

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! Required information [The following information applies to the questions displayed below.] The following refers to units processed by an ice cream maker in July. Beginning work in process Goods started Goods completed Ending work in process Gallons of Product Percent of Conversion 364,000 40% 708,000 100 768,000 100 304,000 60 Compute the total equivalent units of production with respect to conversion for July using the FIFO method. Equivalent units of production (EUP) with respect to conversion - FIFO method Beginning work in process inventory - units Units started and completed Ending work in process inventory - units Total units Units % Conversion EUP 60% 100% 60%

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