Hook Bait Incorporated processes king salmon for various distributors. Two departments are involved-processing and packaging Data relating to tons of king salmon processed in the processing department during June 2020 are provided below. Tons of King Salmon Percent Completed Materials Conversion 2,400 96 77 3,700 58 39 8,700 Work-in-process inventory June 1 Work-in-process inventory - June 301 Started processing during June Total equivalent units for materials under the FIFO method are calculated to be: Multiple Choice 7242 equivalent units 9,546 equivalent units. 7,396 equivalent units 8764 equivalent units