TB MC Qu. 20-121 Sparky Corporation uses the FIFO method... Sparky Corporation uses the FIFO method of process costing. The following information is available for February in its Molding Department: Units: Beginning Inventory: 38,000 units, 100% complete as to materials and 55% complete as to conversion. Units started and completed: 136,000. Units completed and transferred out: 174,000. Ending Inventory: 36,500 units, 100% complete as to materials and 25% complete as to conversion. Costs: Costs in beginning Work in Process - Direct Materials: $56.000. Costs in beginning Work in Process - Conversion: $61,850. Costs incurred in February - Direct Materials: $300,000. Costs incurred in February - Conversion: $612,150. Calculate the equivalent units of materials. Multiple Choice 178,650 0 172,500 172,500 0 219,625 136,000 247,000