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

Beginning balance 50,960

December 455 units, 20% complete for conversion

Direct materials 203,520

Direct Labor 62,720

Factory Overhead

Property Taxes 9,750

Depreciation 34,400

Utilities 22,400

Indirect Labor 6,850

Ending balance December 31, 555 units, 40% complete

Completed 1,280 units and transferred to finished goods inventory $ 403,200

Calculate equivalent units using the weighted average method and FIFO method for materials and conversion. Please show work, I need to know how to work this. Thanks