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, 69,000 units. Transferred out, 66,000 units. Ending Inventory, 33,000 units (materials are 100 percent complete; conversion costs are 60 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. a. Materials b. Conversion costs Equivalent Units