Conlon Chemicals manufactures paint thinner. Information on the work in process follows: Beginning inventory, 37,000 partially complete gallons. Transferred out, 209,000 gallons. Ending inventory (materials are 21 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 32 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.