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 (58% complete with respect to conversion)	16,400
Started in August	118,800
Completed	118,800
Work in process, August 31 (71% complete with respect to conversion)	16,400

Required:

a. Compute the equivalent units for materials costs and for conversion costs using the weighted-average method.

b. Compute the equivalent units for materials costs and for conversion costs using the FIFO method.