Kronk, Inc. 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 10 percent complete).

∙ Started this month, 65,000 units.

∙ Transferred out, 62,000 units.

∙ Ending inventory, 36,000 units (materials are 100 percent complete; conversion costs are 65 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.