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 (56% complete with respect to conversion) 16,900

Started in August 121,800

Completed 121,800

Work in process, August 31 (71% complete with respect to conversion) 16,900

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

Equivalent Units

Materials

Conversion costs