WA EUP O'Malley Corp. uses a weighted average process costing system. Material is added at the beginning of the production process and overhead is applied on the basis of direct labor. OMal ley's records indicate that 70,000 units were in process at the beginning of May; these units were 30 percent complete as to conversion. In May, the company started 445,300 and completed 427,500 units. May's ending inventory was 35 percent complete as to conversion. FIFO EUP Assume that O'Malley Corp. in Exercise E6-16 uses the FIFO method of process costing. a. What are the equivalent units of production for direct material? b. What are the equivalent units of production for conversion