Exercise 16-5 In Shady Company, materials are entered at the beginning of each process. Work in process inventories, with the percentage of work done on conversion costs, and production data for its Sterilizing Department in selected months during 2017 are as follows. Beginning Work in Process Ending Work in Process Conversion Costw Units Transferred Out Conversion Costw Month Units January March May July Units 11,600 1,870 12,600 4,070 15,100 7,140 10,200 1,720 60 80 47