Units beginning work in progress 500@ units( 100%materials, 25%Conversion), unit transferred in 2500@units. Units transferred out and completed [email protected] ending work in progress 1000@units(100%materials, 65%conversion).
Question : a. equivalent units using average costing.
b. equivalent units using FIFO costing
c. flow of units

Please help me anyone??

EPU average costing: ------------ Materials ---- conversion
Units completed and transferred --- 2000 -------- 2000
Work in process ending ---------------500 --------- 325
Total equivalent production units ---2500 ----------2325

EPU First in first out
Units completed and transferred ---- 2000 ---------2000
Less: beginning in process units ------ 500 -------- 500
Units started and completed ----------1500 ---------1500
Work done
Beginning in process inventory ------- 0 ------------ 375
Ending in process inventory -----------500 ----------325
Total equivalent production units ----2000 ---------2200