Magic Company adds materials at the beginning of the process in Department A. The following information on physical units for Department A for the month of August is available: Work in process, August 1 (57% complete with respect to conversion) Started in August Completed Work in process, August 31 (78% complete with respect to conversion) 16, 100 121, 100 121, 100 16, 100 Required: a. Compute the equivalent units for materials costs and for conversion costs using the weighted-average method. Equivalent Units Materials Conversion costs b. Compute the equivalent units for materials costs and for conversion costs using the FIFO method. Equivalent Units Materials Conversion costs