Pierce & Company provides the following information concerning the work in process at its plant: Beginning inventory was partially complete (materials are 100 percent complete; conversion costs are 58 percent complete). Started this month, 60,100 units. Transferred out, 51,000 units. Ending inventory, 19,200 units (materials are 100 percent complete; conversion costs are 14 percent complete) Required: a. Compute the equivalent units for materials using FIFO. b. Compute the equivalent units for conversion costs using FIFO. Equivalent Units Materials Conversion costs b