Conlon Chemicals manufactures paint thinner Information on the work in process follows: Beginning inventory 40,000 partially complete gallons Transferred out, 207,000 gallons Ending Inventory (materials are 18 percent complete, conversion costs are 11 percent complete). . Started this month, 242.000 gallons Assume that beginning inventory is 50 percent complete with respect to materials and 31 percent complete with respect to conversion costs. Skipped Book Required: a. Compute the equivalent units for materials using FIFO. b. Compute the equivalent units for conversion costs using FIFO Equivalent Units (gallons) Materials Conversion costs b