The production department in a process manufacturing system completed 80,000 units of product and transferred them to finished goods during a recent period. Of these units, 32,000 were in process at the beginning of the period. The other 48,000 units were started and completed during the period. At period-end, 17,500 units were in process. Prepare the departments equivalent units of production with respect to direct materials under each of the three separate assumptions using the FIFO method for process costing.

Prepare the department's equivalent units of production with respect to direct materials under each of the three separate assumptions using the FIFO method for process costing. Equivalent Units of Production (EUP)-FIFO Method All direct materials are added to products when processing begins. Units % Materials EUP-Materials Total EUP 2. Beginning inventory inventory is 70% complete as to materials and conversion costs. 30% complete as to materials and conversion costs. Ending Units % Materials EUP-Materials Total EUP 3. Beginning inventory is 60% complete as to materials and 30% complete as to conversion costs. Ending inventory is 20% complete as to materials and 70% complete as to conversion costs % Materials EUP-Materials Units Total EUP