Module 7 Homework 0 Saved Help Save 5 Exit Submit Kronk, Incorporated provides the following information concerning the work in process at its plant: o Beginning inventory was partially complete (materials are 100 percent complete: conversion costs are 10 percent complete). 2.5 o Started this month, 72,500 units. DOINS . Transferred out. 69,500 units. 0 Ending inventory, 34,750 units {materials are 100 percent complete: conversion costs are 60 percent complete). El Required: 95m" a. Compute the equivalent units for materials using FIFO. b. Compute the equivalent units for conversion costs using FIFO. E! Prim IE a. Materials \"agent\" b. Conversion costs Next > g