BE3.4 (LO 3), AP Goode Company has the following production data for selected months. Ending Work in Process % Complete Month Beginning Work in Process Units Completed and Transferred Out Units as to Conversion Cost January March -0- 35,000 10,000 40% July -0- -0- 40,000 8,000 75 45,000 16,000 25 Compute equivalent units of production for materials and conversion costs, assuming that materials are entered at the beginning of the process and that conversion costs are incurred uniformly throughout the process. Compute equivalent units of production.