Stone Company produces carrying cases for CDs. It has compiled the following information for the month of June: Beginning work in process Ending work in process Physical Units 62,000 88,000 Percent Complete for Conversion 55% 70% Stone adds all materials at the beginning of its manufacturing process. During the month, it started 172,000 units. Required: 1. Using the FIFO method, reconcile the number of physical units. 2. Using the FIFO method, calculate the number of equivalent units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using the FIFO method, reconcile the number of physical units. Beginning Inventory Units Started Total Physical Units Units Completed. Ending Inventory Physical Units < Required 1 Required 2 > Stone Company produces carrying cases for CDs. It has compiled the following information for the month of June: Beginning work in process Ending work in process Physical Units 62,000 88,000 Percent Complete for Conversion 55% 70% Stone adds all materials at the beginning of its manufacturing process. During the month, it started 172,000 units. Required: 1. Using the FIFO method, reconcile the number of physical units. 2. Using the FIFO method, calculate the number of equivalent units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using the FIFO method, calculate the number of equivalent units. Beginning Inventory Units Started and Completed Ending Inventory Total Equivalent Units Physical Units Direct Materials Conversion + < Required 1 Required 2