Question: The first production department in a process manufacturing system reports the following unit data. Beginning work in process inventory 24,000 units Units started and completed

The first production department in a process manufacturing system reports the following unit data.

Beginning work in process inventory 24,000 units
Units started and completed 56,000 units
Units completed and transferred out 80,000 units
Ending work in process inventory 16,000 units

Prepare the departments equivalent units of production for direct materials for each of the three separate assumptions using the FIFO method.

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