Henry Incorporated manufactures a high volume of identical flashlights called the Illumin-8. The company reported the following for the month of August: Physical Units Beginning work in process, August 1 18,000 Started during the August 90,000 Ending work in process, August 31 24,000 Materials are added at the beginning of the process. The beginning inventory was 60% complete with respect to conversion, and ending inventory was 90% complete with respect to conversion. 4. What is Henry's equivalent units for materials in August using the weighted average method? 5. What is Henry's equivalent units for conversion in August using the FIFO method?