Question: Clonex Labs, Inc., uses the FIFO method in its process costing system. The following data are available for one department for October Percent completed Units

Clonex Labs, Inc., uses the FIFO method in its process costing system. The following data are available for one department for October Percent completed Units Materials Conversion 28,000 62% 32 18,000 77% 41% Work in process, October 1 Work in process, October 31 The department started 170,000 units into production during the month and transferred 180,000 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

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