4 Clonex Labs, Inc., uses the FIFO method in its process costing system. The following data are available for one department for October Hind Work in process, October 1 Work in process, October 31 Percent Completed Units Materials Conversion 31,000 55% 28% 14,000 775 36% The department started 177,000 units into production during the month and transferred 194,000 completed units to the next department Required: Compute the equivalent units of production for materials and conversion for October Materials Conversion Equivalent units of production