Clonex Labs, Incorporated, uses the FIFO method of process costing. The following data are available for one department for October: Work in process, October 1 Work in process, October 31 Units 32,000 18,000 Percent Completed Materials 65% 81% Conversion 29% 41% The department started 178,000 units into production during the month and transferred 192,000 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