Required Information Exercise 8-43 \& 8-44 (Algo) (LO 8-5) [The following information applies to the questions displayed below.] AnnIn Laboratories uses the FIFO method to account for Its work-In-process Inventorles. The accounting records show the following Information for February. Quantity Information is obtalned from the manufacturing records and Includes the following: n) n) Exercise 8-43 (Algo) Compute Costs per Equivalent Unit: FIFO Method (LO 8-5) Required: a. Compute the equivalent units for the materlals and conversion cost calculations. b. Compute the cost per equlvalent unlt for direct materlals and for conversion costs for February using the FIFO method. Complete this question by entering your answers in the tabs below. Compute the equivalent units for the materials and conversion cost calculations