Sparky Corporation uses the FIFO method of process costing. The following information is available for February in its Molding Department: Units: Beginning Inventory: 40,000 units, 100% complete as to materials and 55% complete as to conversion Units started and completed: 140,000. Units completed and transferred out: 180,000. Ending Inventory: 37,500 units, 100% complete as to materials and 25% complete as to conversion. Costs: Costs in beginning Work in Process - Direct Materials: $58,000 Costs in beginning Work in Process - Conversion: $63,850. Costs incurred in February - Direct Materials: $302,000, Costs incurred in February - Conversion: $614,150. Calculate the equivalent units of materials. 1 Multiple Choice O 140,000 O 177,500 O 226,875 O 255,000 O 184.250