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Required information Use the following information for the Exercises below. (Algo) 1 The following information applies to the questions displayed below] The first production department

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Required information Use the following information for the Exercises below. (Algo) 1 The following information applies to the questions displayed below] The first production department in a process manufactuing system reports the following unit data. Exercise 20-5A (Algo) FIFO: Computing equivalent units LO C2 Prepare the department's equivalent units of production for direct materfals for each of the three separate assumptions using the fifO method Required information 2. Beginning inventory is 30% complete as to direct materials costs. Ending inventory is 75% complete as to direct materials costs. 3. Beginning inventory is 70% complete as to direct materials costs. Ending invento is 20% complete as to direct materials costs

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