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Lenning Corporation uses the FIFO method in its process costing. The following data pertain to its Assembly Department for August Units 750 8,600 Percent Complete

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Lenning Corporation uses the FIFO method in its process costing. The following data pertain to its Assembly Department for August Units 750 8,600 Percent Complete Materials Conversion 40 Work in process, August 1 Units started into production during August Units completed during August and transferred to the next department Work in process, August 31 8,100 1,250 68% 20% 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

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