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Murray Chemical Company refines a variety of petrochemical products. These data are from the firm's Houston plant: Work-in-process inventory, September 1 4,060,000 gallons Direct materials

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Murray Chemical Company refines a variety of petrochemical products. These data are from the firm's Houston plant: Work-in-process inventory, September 1 4,060,000 gallons Direct materials 50% completed Conversion 20% completed Units started in process during September 5,860,000 gallons Work-in-process inventory, September 30 3,380,000 gallons Direct materials 40% completed Conversion 60% completed Required: 1. Compute the equivalent units of direct materials and conversion for the month of September using the weighted- average method. 2. Compute the equivalent units of direct materials and conversion for the month of September using the FIFO method. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the equivalent units of direct materials and conversion for the month of September using the weighted-average method. Equivalent Units Direct materials Conversion Required 1 Required 2 Compute the equivalent units of direct materials and conversion for the month of September using the FIFO method. Equivalent Units Direct materials Conversion

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