Clonex Labs, Inc., uses the FIFO method in its process costing system. The following data are available for one department for October: Units Percent Completed Materials Work in process, October 1 Work in process, October 31 30,000 15,000 65 80 % Conversion 30% 40 % The department started 175,000 units into production during the month and transferred 190,000 completed units to the next department. Required: Compute the equivalent units of production for materials and conversion for October. Equivalent units of production Materials Conversion 190,000 190,000