2. value: 1 points Clonex Labs, Inc., uses a process costing system. The following data are available for one department for October: Percent Completed Units Materials Conversion Work in process, October 1 26,000 62% 26% Work in process, October 31 16,000 84% 42% ________________________________________ The department started 166,000 units into production during the month and transferred 176,000 completed units to the next department. Required: Compute the equivalent units of production for October assuming that the company uses the FIFO method of accounting for units and costs. Equivalent units of production Materials ?? Conversion ?? ________________________________________