Process Costing Q1 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 40 percent complete). - Started this month, 252,000 units. - Transferred out, 210,000 units. - Ending inventory, 140,000 units (materials are 100 percent complete; conversion costs are 45 percent complete). Required 1. Compute the equivalent units for materials using the weighted-average method. Solution