3 10 points Exercise 8-26 (Algo) Compute Equivalent Units (LO 8-1, 3, 5) Radford Products adds materials at the beginning of the process in Department A. The following information on physical units for Department A for the month of January is available. Skipped Units started in January 895,000 Units completed in January 919,000 eflook Work in process, January 1 (25% complete with respect to conversion) Work in process, January 31 (40% complete with respect to conversion) 98,500 74,500 Print 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