The following data show the units in beginning work in process inventory, the number of units started, the number of units transferred, and the percent completion of the ending work in process for conversion. Given that materials are added at the beginning of the process. Transferred Conversion Out Started (%) 25 134,150 132,950 132,594 132,542 24 133,245 133,424 20 134,232 What are the equivalent units for material and conversion costs for each quarter using the weighted-average method? Assume that the quarters are independent. Quarter 1 Quarter 2 Quarter 3 Quarter 4 Quarter WIP 1 2 3 Beginning 4 - 523 339 489 134,843 Units for material costs Units for conversion costs 23