Question: Please help, I'm lost. If you could show your work so I understand how to find the answers, I would be forever grateful. An ice
Please help, I'm lost. If you could show your work so I understand how to find the answers, I would be forever grateful. 


An ice cream maker reports the following. Conversion Percent Complete 25% Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process inventory Units 320,000 620,000 680,000 260,000 60% (a) Compute the number of units started and completed this period. (b) Compute the total equivalent units of production for conversion. The company uses the FIFO method. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Compute the number of units started and completed this period. Units started and completed 680,000 $ Complete this question by entering your answers in the tabs below. Required A Required B Compute the total equivalent units of production for conversion. The company uses the FIFO metho Equivalent units of production: FIFO method Conversion Units Percent EUP Added Beginning work in process 320,000 25% 80,000 Started and completed 1,300,000 100% 1,300,000 Ending work in process 260,000 60% 156,000 Total units 1,880,000 1,536,000
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