Kronk, Incorporated 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 10 percent complete). - Started this month, 75,000 units. - Transferred out, 72,000 units. - Ending inventory, 36,000 units (materials are 100 percent complete; conversion costs are 60 percent complete). Required: o. Compute the equilvalent units for materials using the weighted-average method. b. Compute the equivalent units for conversion costs using the weighted-average method