Exercise 8-20 (Algo) Compute Equivalent Units: Weighted-Average Method (LO 8-1,3) Pierce & Company 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 61 percent complete). . Started this month, 60,000 units. . Transferred out, 50,400 units. Ending inventory, 20,600 units (materials are 100 percent complete: conversion costs are 17 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. Equivalent Units a D Materials Conversion costs