Ending Work in Process Month Beginning Work in Process Units % Complete as to Transferred Out Units Conversion Cost January -0- 33,600 9,600 40 % March -0- 38,400 7,680 75 July -0- 43,200 15,360 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. January March July Materials Conversion Costs