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 59 percent complete). Started this month, 60,500 units. Transferred out, 49,200 units. Ending inventory, 19,500 units (materials are 100 percent complete; conversion costs are 17 percent complete). Required: a. Compute the equivalent units for materials using the weighted-average method. quivalent units b. Compute the equivalent units for conversion costs using the weighted-average method. quivalent units