Calculating Equivalent Units (Conversion) A company had 20000 physical units in opening/beginning WIP and during the month started an additional 80000 units and ny month- end they had completed 60000 units. If the closing WIP units were 50% complete in relation to conversion (assume 100% for materials), how many TOTAL equivalent units would they have in their closing WIP. (Note the total should include the completed as well as the closing WIP equivalent units.)