5 Magic Company adds materials at the beginning of the process in Department A. The following information on physical units for Department A for the month of August is available. 10 points Work in process, August 1 (64% complete with respect to conversion) Started in August Completed Work in process, August 31 (73% complete with respect to conversion) 17,000 121,200 121,200 17,000 eBook References Required: a. Compute the equivalent units for materials costs and for conversion costs using the weighted average method. b. Compute the equivalent units for materials costs and for conversion costs using the FIFO method. Equivalent Units Conversion Materials Costs a. Using the weighted-average method b. Using the FIFO method Mc Graw Hill