Exercise 4A-1 Computation of Equivalent Units of Production-FIFO Method (L04-6] Clonex Labs, Inc., uses the FIFO method in its process costing system. The following data are available for one department for October: Percent Completed Units Materials Conversion 30,000 65% 30% 15,000 80% 40% Work in process, October 1 Work in process, October 31 The department started 175,000 units into production during the month and transferred 190,000 completed units to the next department. Required: Compute the equivalent units of production for materials and conversion for October. Materials Conversion Equivalent units of production