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, 60,700 units. Transferred out, 49,700 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. b. Compute the equivalent units for conversion costs using the weighted-average method. Equivalent Units a. Materials Conversion costs