Sparky Corporation uses the FIFO method of process costing. The following information is available for February in its Molding Department: Units Beginning Inventory: 32,000 units, 100% complete as to materials and 60% complete as to conversion. Units started and completed: 124,000. Units completed and transferred out: 156,000 Ending Inventory: 33,500 units, 100% complete as to materials and 25% complete as to conversion. Costs: Costs beginning Work in Process - Direct Materials: $50,000. Costs in beginning Work in Process - Conversion: $55,850, Costs incurred in February - Direct Materials: $294.000. Costs incurred in February - Conversion: $606,150. Calculate the equivalent units of materials. Multiple Choice 223,000 O O 197.875 157,500 158,575 124,000