Ampco Disk Company operates a computer disk manufacturing pl…
Ampco Disk Company operates a computer disk manufacturing plant. Direct materials are added at the end of the process. The following data were for August 20X5:Work in process, beginning inventory 100,000 units Transferred-in costs (100% complete) Direct materials (0% complete) Conversion costs (90% complete) Transferred in during current period 300,000 unitsCompleted and transferred out 250,000 units Work in process, ending inventory 50,000Transferred-in costs (100% complete)Direct materials (0% complete)Conversion costs (65% complete) Calculate equivalent units for conversion costs using the FIFO method.