Required information Exercise 8-43 \& 8-44 (Algo) (LO 8-5) [The following information applies to the questions displayed below] Annin Laboratories uses the FIFO method to account for its work-in-process inventories. The accounting records show the following information for February: Quantity information is obtained from the manufacturing records and includes the following: beginning inventory Current perfod units started Ending inventory units units units units (40v complete as to nateriats, 15s comptete as to conversion) (75v conplete as to nateriats, 35s conplete as to conversion) Exercise 8-43 (Algo) Compute Costs per Equivalent Unit: FIFO Method (LO 8-5) Required: a. Compute the equivalent units for the moterials and corversion cost calculations. b. Compute the cost per equivalent unit for direct moterials and for conversion costs for February using the FiFO method. Complete this question by entering your answers in the tabs below. Quantity information is obtained from the manufacturing records and includes the following: Exercise 8-43 (Algo) Compute Costs per Equivalent Unit: FIFO Method (LO 8-5) Required: a. Compute the equivalent units for the materials and conversion cost calculations. b. Compute the cost per equivolent unit for direct materials and for conversion costs for February using the FiFO method. Complete this question by entering your answers in the tabs below. Compute the equivalent units for the materials and conversion cost calculations. Exercise 8-43 (Algo) Compute Costs per Equivalent Unit: FIFO Method (LO 8-5) Required: a. Compute the equivalent units for the materials and conversion cost calculations. b. Compute the cost per equivalent unit for direct materials and for conversion costs for February using the FIFO method: Complete this question by entering your answers in the tabs below. Compute the cost per eqgivalent unit for direct materials and for conversion costs for february using the Fifo method. (Round your answers to 2 decimal places)