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Exercise 4A-1 Computation of Equivalent Units of Production-FIFO Method [LO4-6] Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data

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Exercise 4A-1 Computation of Equivalent Units of Production-FIFO Method [LO4-6] Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October Units Materials Conversion 32,000 21,000 Work in process, October 61% 359 Work in process, October 31 80 % 41 % The department started 179,000 units into production during the month and transferred 190,000 completed units to the next department. Required Assuming the company uses the FIFO method, compute the equivalent units of production for materials and conversion for October. Materials Conversion Equivalent units of production

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