Exercise $6-31($Static$)$ Equivalent Units; Weighted$-$Average and FIFO Methods $[$LO $6-2,6-4,6-5]$

Murray Chemical Company refines a variety of petrochemical products. These data are from the firm's Houston plant:

$\backslash$table$[[$Work$-$in$-$process inventory, September $1,4,000,000,$gallons$],[$Direct materials,$50\%,$completed$],[$Conversion$,20\%,$completed$],[$Units started in process during September,$4,850,000,$gallons$],[$Work$-$in$-$process inventory, September $30,2,400,000,$gallons$],[$Direct materials,$40\%,$completed$],[$Conversion$,60\%,$completed$]]$

Required:

Compute the equivalent units of direct materials and conversion for the month of September using the weighted$-$average method.

Compute the equivalent units of direct materials and conversion for the month of September using the FIFO method.

Complete this question by entering your answers in the tabs below.

Required $1$

Required $2$

Compute the equivalent units of direct materials and conversion for the month of September using the weighted$-$average method.

$\backslash$table$[[,$Equivalent Units$],[$Direct materials,$7,410,000$