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 (64% complete with respect to conversion) 16,200

Started in August 120,900

Completed 120,900

Work in process, August 31 (70% complete with respect to conversion) 16,200

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_____________