Question No. 4 Computer World Ltd. assembles standardized personal computers from parts it purchases from various suppliers in the country and overseas. There are several steps in the production process. starting with assembly of the "mother" circuit board, which contains the central processing unit. This assembly takes place in the CPU Assembly Department. The following details are available regarding a particular process in the company. Units to be accounted for (Opening) Work in Process, May 1: 8,000 Materials 80% Conversion 60% Started into Production 33,000 Total Units 38,000 Units accounted as follows; Transferred to next department 30,000 Work in Process, May 31 5,000 Materials 40% Conversion 60% Total units 35,000 Calculate equivalent units using First in First Out Method and Weighted Average Method