Required information 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 Required: a. Compute the equivalent units for the materials and conversion cost calculations b. Compute the cost per equivalent unit for direct moteriois and for conversion costs for February using the FiFO method Complete this question by entering your answers in the tabs below. Compute the cquivalen units for the materials and cunversion cost calculations: [The following information applies to the questions displayed below] Annin Laboratones 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 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 equivalent unit for direct materials and for coriversion costs for febriary using the firo method. (Round your answers to 2 decimal places)