Conlon Chemicals manufactures paint thinner. Information on the work in process follows:

Beginning inventory, 37,000 partially complete gallons.

Transferred out, 207,000 gallons.

Ending inventory (materials are 20 percent complete; conversion costs are 9 percent complete).

Started this month, 242,000 gallons.

Assume that beginning inventory is 50 percent complete with respect to materials and 29 percent complete with respect to conversion costs

Required:

a.Compute the equivalent units for materials using FIFO.

b.Compute the equivalent units for conversion costs using FIFO.