Concord Company has the following production data for selected months.

						Ending Work in Process
Month		Beginning Work in Process		Units Transferred Out		Units		% Complete as to Conversion Cost
January		0		40,500		14,000		44	%
March		0		41,400		8,800		72
July		0		46,100		17,300		25

Compute equivalent units of production for materials and conversion costs, assuming materials are entered at the beginning of the process.

		Materials		Conversion Costs
January
March
July