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 60 percent complete). Started this month, 60,500 units Transferred out, 49,500 units. Ending inventory, 19,100 units (materials are 100 percent complete; conversion costs are 16 percent complete). Required a. Compute the equivalent units for materials using the weighted-average method Equivalent units b. Compute the equivalent units for conversion costs using the weighted-average method. Equivalent units