Question: Lenning Corporation uses the FIFO method in its process costing. The following data pertain to its Assembly Department for August. Percent Complete Units Materials Conversion

Lenning Corporation uses the FIFO method in its process costing. The

Lenning Corporation uses the FIFO method in its process costing. The following data pertain to its Assembly Department for August. Percent Complete Units Materials Conversion Work in processJ August 1 366 66% 55% Units started into production during August 8,266 Units completed during August and transferred to the next department 7,266 Work in processJ August 31 1,366 ?6% 46% | Required: Compute the equivalent units of production for both materials and conversion costs for the Assembly Department for August using the FIFO method

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