Exercise 5S-6 (Static) Equivalent Units of Production-FIFO Method [LO 5S-6] Alaskan Fisheries, Incorporated, processes salmon for various distributors and it uses the FIFO method in its process costing system. The company has two processing departments-Cleaning and Packing. Data relating to pounds of salmon processed in the Cleaning Department during July are presented below: Percent Completed Work in process inventory, July 1 Work in process inventory, July 31 Pounds of Salmon 20,000 25,000 Labor and Materials 100% 100% Overhead 30% 60% A total of 380,000 pounds of salmon were started into processing during July. All materials are added at the beginning of processing in the Cleaning Department. Required: Compute the Cleaning Department's equivalent units of production for materials and for labor and overhead for July. Equivalent units of production Materials Labor and Overhead