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, 59,200 units Transferred out, 49,300 units. Ending inventory, 20,200 units (materials are 100 percent complete; conversion costs are 15 percent complete) Required: a. Compute the equivalent units for materials using FIFO Equivalent units b. Compute the equivalent units for conversion costs using FIFO. Equivalent units