Required information [The following information applies to the questions displayed below.] The first production department of Stone Incorporated reports the following for April. Direct Materials Conversion Percent Percent Units Complete Complete Beginning work in process inventory 60,000 60% 40% Units started this period 322,000 Completed and transferred out 300,000 Ending work in process inventory 82,000 80% 30% (a) Compute the number of units started and completed this period for the first production department. Answer is complete and correct. Units started and completed 240,000 (b) Compute the number of equivalent units of production for both direct materials and conversion for the first production department for April using the FIFO method. Answer is not complete. Equivalent units of production: FIFO method Direct Materials Conversion Units Percent Added EUP Percent Added EUP Beginning work in process 60,000 Started and completed 240,000 100% 240,000 100% 240,000 Ending work in process 82,000 Equivalent units of production 382,000