The following data relate to the Blending Department of Tru-Colour Paint Company for a recent month:

Number of Units

Conversion costs percentage complete

Beginning work in process inventory

9,000

60%

Units started into production

45,000

-

Units completed and transferred out

46,000

-

Ending work in process inventory

8,000

25%

All materials are added prior to the beginning of work in the Blending Department.

Assuming that Tru-Colour Paint Company uses the FIFO method, what are the equivalent units of production for materials?

45,000 units.

42,600 units.

53,000 units.

46,000 units.

Assuming that Tru-Colour Paint Company uses the FIFO method, what are the equivalent units of production for conversion costs?

54,000 units.

46,000 units.

44,400 units.

42,600 units.