Holly Company has the following information for December 1 to December 31. All direct materials are 100% complete.

Work-in-Process
Beginning balance December 530 units, 20% complete for conversion	$	45,050	Completed 1,580 units and transferred to finished goods inventory	$455,040
Direct materials		254,380
Direct labor		74,260
Factory overhead
Property taxes		9,100
Depreciation		40,900
Utilities		25,300
Indirect labor		7,650
Ending balance December 31, 635 units, 40% complete	$	55,880

Required:

Calculate equivalent units using the weighted-average and FIFO methods.