Sparky Corporation uses the FIFO method of process costing. The following information is available for February in its Molding Department: Units: Beginning Inventory: 30,000 units, 100% complete as to materials and 55% complete as to conversion. Units started and completed: 120,000. Units completed and transferred out: 150,000. Ending Inventory: 32,500 units, 100% complete as to materials and 30% complete as to conversion. Costs: Costs in beginning Work in Process - Direct Materials: $48,000. Costs in beginning Work in Process - Conversion: $53,850. Costs incurred in February - Direct Materials: $292,000. Costs incurred in February - Conversion: $604,150. Calculate the equivalent units of conversion.

Multiple Choice

215,000

143,250

152,500

192,250

120,000