Sharp Company has a process costing system. The following data relate to the company's Mixing Department for a recent month: 
All materials are added at the beginning of the Mixing process.
Required:
a. Compute the equivalent units of production for materials and conversion using the weighted-average method.
b. Compute the equivalent units of production for materials and conversion using the FIFO method.
Definitions:
Reliability
The degree to which an assessment tool or measure produces stable and consistent results over repeated applications or observations.
Correlation Coefficient
A numerical measure that indicates the extent to which two variables fluctuate together, signifying the strength and direction of their relationship.
Standard Deviation
A statistical measure of the dispersion or variability within a set of data, indicating how spread out the numbers are from the mean.
Validity
The degree to which a tool, test, or study accurately measures or reflects what it is intended to measure.
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