Beginning Work-in-Process is 4,050 units; 72,500 units completed, and ending Work-in-Process is 7,950 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? Complete this question by entering your answers in the tabs below. Required 1 Required 2 What are the equivalent units for materials and conversion using the weighted-average method? Equivalent Units Direct materials Conversion Required 2 Required 1