Lindex Company uses a process costing system. The following data are available for one department for October: Percent Completed Units Materials Conversion Work in process, October 1 50,000 90% 60% Work in process, October 31 30,000 70% 50% The department started 390,000 units into production during the month and transferred 410,000 completed units to the next department.
Required: Compute the equivalent units of production for October assuming that the company uses the FIFO method for accounting for units and costs.