Question: XYZ Company operates two departments, the assembly department and the finishing department. During June, the assembly department reported the following information: units % complete DM % complete conversion work in process, June 1 24,000 75% 40% units completed during June 50,000 work in process, June 30 37,000 80% 20% The cost of beginning work in process and the costs added during June were as follows: DM Conversion Total cost work in process, June 1 $ 43,360 $ 70,000 $113,360 costs incurred during June 529,760 234,220 763,980 total costs 573,120 304,220 877,340 Calculate the equivalent units with respect to direct materials using the FIFO process costing method.