Lenning Corporation uses the FIFO method in its process costing. The following data pertain to its Assembly Department for August. Percent Complete Units Materials Conversion Work in processJ August 1 366 66% 55% Units started into production during August 8,266 Units completed during August and transferred to the next department 7,266 Work in processJ August 31 1,366 ?6% 46% | Required: Compute the equivalent units of production for both materials and conversion costs for the Assembly Department for August using the FIFO method