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 Materials Conversion 64% 27% 83% 37% Units 30,000 15,000 Work in process, October 1 Work in process, October 31 32 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. Answer is complete but not entirely correct. Materials 209,200 Conversion 198,100 Equivalent units of production