Conlon Chemicals manufactures paint thinner. Information on the work in process follows: Beginning inventory, 43,100 partially complete gallons. Transferred out, 214,700 gallons. Ending inventory (materials are 22 percent complete; conversion costs are 12 percent complete). Started this month, 235,800 gallons. Required: a. Compute the equivalent units for materials using the weighted-average method. Equivalent units (gallons) b. Compute the equivalent units for conversion costs using the weighted average method. Equivalent units (gallons) 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 19 percent complete; conversion costs are 8 percent complete). Started this month, 237,000 gallons. Assume that beginning inventory is 50 percent complete with respect to materials and 28 percent complete with respect to conversion costs Required: a. Compute the equivalent units for materials using FIFO. Equivalent units (gallons) b. Compute the equivalent units for conversion costs using FIFO. Equivalent units (gallons)