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 (62% complete with respect to conversion) Started in August Completed Work in process, August 31 (75% complete with respect to conversion) 17,400 121,300 121,300 17,400 Required: o. 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. Equivalent Units Materials Conversion Costs a Using the weighted average method b Using the FIFO method