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 Percent of Product Conversion 320,000 25% 620,000 100 680,000 100 260,000 75 QS 16-9A FIFO: Computing equivalent units LO C4 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 Units EUP Conversion Units started this period 320,000 25% Ending work in process inventory - units 260,000 75% Units started and completed 60,000 Total units 640,000