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 avallable. Work in process, August 1 (59% complete with respect to conversion) Started in August Completed Work in process, August 31 (78% complete with respect to conversion) 16,500 119,200 119,20 16,5ee 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: Equivalent Units Materials Conversion Costs Using the weighted average method Using the FIFO method