Pierce & Company provides the following information concerning the work in process at its plant:

Can you show how to compute the answers.

Thank you

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, 60,600 units. Transferred out, 50,500 units. Ending inventory, 19,600 units (materials are 100 percent complete; conversion costs are 17 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