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, 59,700 units.
• Transferred out, 49,600 units.
• Ending inventory, 20,300 units (materials are 100 percent complete; conversion costs are 16 percent complete).

a.Compute the equivalent units for materials using the weighted-average method.

b.Compute the equivalent units for conversion costs using the weighted-average method.