Beginning Work-in-Process is 2,000 units; 44,000 units completed, and ending Work-in-Process is 3,000 units, which are 100% complete for direct materials and 50% complete for conversion costs. The beginning WIP Inventory is 100% complete for direct materials and 50% complete for conversion.

Required:

1. What are the equivalent units for materials and conversion using the weighted-average method?

2. What are the equivalent units for materials and conversion using the FIFO method?