4 Pierce & Company provides the following information concerning the work in process at its plant: . pints Beginning inventory was partially complete (materials are 100 percent complete; conversion costs are 59 percent complete). Started this month, 60,300 units. Transferred out, 49,100 units. Ending inventory, 19,700 units (materials are 100 percent complete; conversion costs are 15 percent complete). Required: a. Compute the equivalent units for materials using the weighted-average method. b. Compute the equivalent units for conversion costs using the weighted average method. Answer is complete but not entirely correct. Equivalent Units a. Materials 60,300 X 3,485 b. Conversion costs