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same question both angles Clonex Labs, Inc., uses the FIFO method in its process costing system. The following data are available for one department for

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Clonex Labs, Inc., uses the FIFO method in its process costing system. The following data are available for one department for October Work in process, October 1 Work in process, October 31 Units 29,000 22,000 Percent completed Materials Conversion 58% 26 77% 373 The department started 168,000 units into production during the month and transferred 175,000 completed units to the next department Required: Compute the equivalent units of production for materials and conversion for October Materials Conversion Equivalent units of production Clonex Labs, Inc., uses the FIFO method in its process costing system. The following data are available for one department for October Work in process, October 1 Work in process, October 31 Units 29,000 22.000 Percent Completed Materials Conversion 58% 26% 77% 37% The department started 168,000 units into production during the month and transferred 175.000 completed units to the next department Required: Compute the equivalent units of production for materials and conversion for October Materials Conversion Equivalent units of production

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