Cunningham Paper Corporation produces wood pulp that is used in making paper. The following data pertain to the company’s production of pulp during September:

Compute the equivalent units of production for direct materials and conversion costs for September using the FIFO costingmethod.

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Percentage Complete Direct Conversion Costs 60% Materials Work in process, Aug. 31 Placed into production Work in process, Sept. 30 Tons 40,000 250,000 80,000 100% 100% 40%