The first production department of Stone Incorporated reports the following for April.

	Units	Direct Materials	Conversion
		Percent Complete	Percent Complete
Beginning work in process inventory	70,000	60%	40%
Units started this period	372,000
Completed and transferred out	350,000
Ending work in process inventory	92,000	85%	35%

(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.

Conversion Equivalent units of production: FIFO method Direct Materials Units Percent EUP Added Percent Added EUP 100% 100% 92,000 85% 78,200 35% 32,200 Ending work in process Beginning work in process 70,000 Equivalent units of production 162,000