Exercise $8-34($Algo$)$ Compute Equlvalent Units and Cost per Equlvalent Unit: FIFO Method $($LO $8-1,5)$

Shirley Processing, Incorporated $($SPI$)$ makes adhesive tape and uses a FIFO process costing system. The following Information shows the physlcal flow of units and costs for the month of March:

$\backslash$table$[[,$Physical,Percent,Complete$],[$Quantitles$,$units,Materials,Conversion$],[$Beginning work$-$in$-$process,$116,000,1008,408],[$started$,961,500,,],[$To account for,$1,077,500,,],[$Transferred out,$984,500,1008,1008],[$Ending work in process,$93,000,1008,20z$