Appendix 3; FIFO EUP computations; normal loss Oehkle Inc. produces paint in a process in which spoilage occurs continually. Spoilage of 2 percent or fewer of the gallons of raw material placed into production is considered normal. The following operating statistics are available for June: a. How many gallons were transferred out? b. What are the FIFO equivalent units of production for material? For conversion? Appendix 3; FIFO EUP computations; normal loss Oehkle Inc. produces paint in a process in which spoilage occurs continually. Spoilage of 2 percent or fewer of the gallons of raw material placed into production is considered normal. The following operating statistics are available for June: a. How many gallons were transferred out? b. What are the FIFO equivalent units of production for material? For conversion