Murray Chemical Company refines a variety of petrochemical products. These data are from the firms Houston plant:

Work-in-process inventory, September 1	4,270,000 gallons
Direct materials	50% completed
Conversion	20% completed
Units started in process during September	5,360,000 gallons
Work-in-process inventory, September 30	3,170,000 gallons
Direct materials	40% completed
Conversion	60% completed

Required:

a.	Compute the equivalent units of direct materials and conversion for the month of September using the weighted-average method.

Equivalent Units

Direct Materials ?

Conversion ?

b.	Compute the equivalent units of direct materials and conversion for the month of September using the FIFO method.

Equivalent Units

Direct Materials ?

Conversion ?