QS 16-6A Fifo units of production for conversion using the FIFO method

Use the following information for the Quick Study below. [The following information applies to the questions displayed below) Blending Process Beginning work in process Goods started Goods completed Ending work in process Units of Product 160,000 335,000 365,000 130,000 Percent of Conversion 99% 100 109 30 QS 16-6A FIFO: Computing equivalent units LO C4 Compute the total equivalent units of production for conversion using the FIFO method. Answer is complete but not entirely correct. Equivalent units of production (EUP) with respect to conversion FIFO method % Units EUP Conversion Beginning work in process inventory units 160,000 10% 16,000 Units started and completed 365,000 100% 365 000 X Ending work in process - units 130.000 30% 39.000 Total 655.000 420.000