Use the following information for the Quick Study below. (Static)

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[The following information applies to the questions displayed below.] An ice cream maker reports the following.

	Units	Conversion
		Percent Complete
Beginning work in process inventory	320,000	25%
Units started this period	620,000
Units completed and transferred out	680,000
Ending work in process inventory	260,000	60%

QS 16-9A (Static) FIFO: Computing equivalent units LO C2

(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.

Compute the number of units started and completed this period.

	Units started and completed

Equivalent units of production: FIFO method
	Units	Conversion
		Percent Added	EUP
Units completed and transferred out	680,000
Ending work in process	260,000
Total units