The information below was obtained from the records of one of the departments of Cushing Corporation for the month of August. The company uses the FIFO method in its process costing system.UnitsPercent Complete Labor and OverheadWork in process, August $110,20025\%$Units completed and transferred out$76,000$Work in process, August $3120,10050\%$All materials are added at the beginning of the process.The equivalent units for materials for the month of August are:Group of answer choices$76,000$ units$96,100$ units$88,600$ units$85,900$ units