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 62 percent complete). Started this month, 60,400 units. Transferred out, 50,300 units. Ending inventory, 19,900 units (materials are 100 percent complete, conversion costs are 17 percent complete). Required: the equivalent units for materials using F quivalent units b. Compute the equivalent units for conversion costs using FIFO quivalent units