Compute the equivalent units of production for Instructions: Complete steps 1 through 4 for the equivalent units of production schedule for Lopez Company with the information provided below. (blue shaded fields are calcualted Step 1 (a)Beg WIP Inventor Amout Started Total The Polishing Department of Lopez Company has the following production and manufacturing cost data for September. Materials are entered at the beginning of the process. (b) Units Transferred Out Ending WIP Inventory Total Production: Beginning inventory 3,600 units that are 100% complete as to materials and 30% complete as to conversion costs; units started during the period are 45,500, ending inventory of 3,900 units 10% complete as to conversion costs. Step 2 Units Transferred OUT Manufacturing costs: Beginning inventory costs, comprised of $25,000 of materials and $33,180 of conversion costs; materials costs added in Polishing during the month, $177,200; labor and overhead applied in Polishing during the month, $125,680 and $257,140, respectivey Ending WIP Materials ( n x%) Conversion costs ( n x % equivalent units Step 3 Costs (per Equiv Unit) (a)Beg WIP Materials