Production Costs Started and completed 10,000 units. started 2,000 units that are 40% completed at August 31, 1. Beginning work in process Materials Labor 45,000 13,600 16,100 Manufacturing overhead Materials are entered at the beginning of the process. Conversion costs are incurred uniformly during the process. Lasso Company uses the FIFO method to compute equivalent units Your answer is correct. Determine the equivalent units of production for (1) materials and (2) conversion costs. Materials Conversion Costs The equivalent units of production 12000 10800 SHOW SOLUTION SHOW ANSWER VIDEO: APPLIED SKILLS LINK TO TEXTLINK TO TEXT Attempts: 3 of 5 used