Zorzi Corporation uses a process costing system. The following information is available for one department in December. Percent Completed Units Materials Conversion Work in Process December 1 30,000...

Zorzi Corporation uses a process costing system.  The following information is available for one department in December.

                                                                                          Percent Completed

                                                            Units                Materials          Conversion

Work in Process December 1                            30,000                        65%                        30%

Work in Process December 31                         15,000                       80%                         40%

The Department started 175,000 units into production during the month and transferred 190,000 completed units

To the next department.

Required:

Compute the equivalent units of production for December assuming that the company uses the weighted-average method of accounting for units and costs.

Compute the equivalent units of production for December assuming that the company uses the FIFO method of accounting for units and costs.