WEEK FIVE: CHAPTER EIGHT HO... Saved Help Save & Exit Submit 3 Check my work 1 Exercise 8-21 (Algo) Compute Equivalent Units: FIFO Method (LO 8-1,5) 25 points Pierce & Company provides the following information concerning the work in process at its plant: . eBook Beginning inventory was partially complete (materials are 100 percent complete; conversion costs are 60 percent complete). Started this month, 60,500 units. Transferred out, 49,600 units. Ending inventory, 20,400 units (materials are 100 percent complete; conversion costs are 17 percent complete). Print References Required: a. Compute the equivalent units for materials using FIFO. b. Compute the equivalent units for conversion costs using FIFO. Equivalent Units a. Materials b. Conversion costs