Lenning Corporation uses the FIFO method in its process costing. The following data pertain to its Assembly Department for August Work in process, August 1 Units started into production during August Units completed during August and transferred to the next department Units Percent Complete Materials Conversion 700 60% 55% 8,500 8,000 1:200 70% 40% Work in process. August 31 Required: Compute the equivalent units of production for both materials and conversion costs for the Assembly Department for August using the FIFO method. Materials Conversion Equivalent units of production