Item1 0.66 points Time Remaining 37 minutes 21 seconds00:37:21 eBookPrintReferences Check my work Check My Work button is now enabled3Item 1Item 1 0.66 points Time Remaining 37 minutes 21 seconds00:37:21 Pierce & Company provides the following information concerning the work in process at its plant: Beginning inventory was partially complete (materials are 100 percent complete; conversion costs are 59 percent complete). Started this month, 59,700 units. Transferred out, 49,500 units. Ending inventory, 20,300 units (materials are 100 percent complete; conversion costs are 15 percent complete). Required: a. Compute the equivalent units for materials using the weighted-average method. b. Compute the equivalent units for conversion costs using the weighted-average method.

Pierce & Company provides the following information concerning the work in process at its plant: Beginning inventory was partially complete (materials are 100 percent complete; conversion costs are 59 percent complete). Started this month, 59,700 units. Transferred out, 49,500 units. Ending inventory, 20,300 units (materials are 100 percent complete; conversion costs are 15 percent complete). Required: a. Compute the equivalent units for materials using the weighted-average method. b. Compute the equivalent units for conversion costs using the weighted-average method. Equivalent Units a. Materials Conversion costs b